November Budget Deficit at P19.1 Billion

Budget deficit hit P19.1 billion in November, reversing a surplus of P6 billion in the same period a year ago. Broken down, revenues rose 18 percent to P209.2 billion, while expenditures increased 33 percent to P228.4 billion. The monthly growth rates were the fastest so far this year…

Subscribe via email for complete access to Supreme Consult’s weekly report on political and investment risks in the Philippines.