The national government’s budget deficit narrowed to P195.9 billion in March 2024 from P210.3 billion a year ago, as revenue grew 11.32 percent year-on-year, the Bureau of the Treasury said Wednesday.
The BTr said this improvement stemmed from strong revenue collection, compared to a modest 3.18-percent rise in spending.
Government revenue collection increased to P287.9 billion in March 2024, despite a 0.23 percent decline in tax revenues. The decrease was attributed...
The Monetary Board, the policy-setting body of the Bangko Sentral ng Pilipinas, approved the amendments to the guidelines on electronic money and the operations...
