Energy crisis spending widens Philippine government budget deficit

MANILA, Philippines — The Middle East war widened the Marcos administration’s budget deficit in March as the government ramped up spending on energy crisis relief measures. Latest data from the Bureau of the Treasury (BTr) showed that the fiscal gap increased by 1.96 percent to P349.7 billion in March. However, the Marcos administration’s fiscal position […]... Keep on reading: Energy crisis spending widens Philippine government budget deficit

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