Govt deficit widens as spending growth at 4-month high

Govt deficit widens as spending growth at 4-month high

The government's budget deficit rose 36 in July amid a revived push for spending. The budget shortfall was P53 billion, the widest gap for the year after a surplus in April. Meanwhile, the budget department released P198 billion in July, the highest monthly level this year, as the government tries to boost economic growth.


User: ABS-CBN News

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Uploaded: 2019-09-02

Duration: 00:45

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