Higher tax yield trimmed gov’t deficit in March
MANILA, Philippines — A strong growth in revenues that outpaced modest spending trimmed the Marcos administration’s budget deficit in March, boding well for the government’s fiscal plans. The Bureau of the Treasury (BTr) reported on Wednesday that the state had posted a fiscal gap of P195.9 billion in March, 6.82 percent smaller than the deficit […]...Keep on reading: Higher tax yield trimmed gov’t deficit in March
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