Thailand
Philippines: Gov’t likely to miss deficit target as spending slows, revenues recover
MANILA, Philippines — The Duterte administration will likely miss its budget deficit target this year as easing coronavirus restrictions boost revenue collections while economic managers continue to temper spending to avoid more borrowings. The government posted a budget deficit of P64.3 billion in October, up 10.90% year-on-year, the Bureau of the Treasury reported Thursday. This […]
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