Budget surplus narrows in April as spending rises - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
The Philippine government's fiscal position swung to a surplus in April as state collections outgrew spending during the period, data released by the Bureau of the Treasury (BTr) on Thursday showed.
The national government has reverted to a budget surplus amounting to P42.7 billion in April, after recording a fiscal deficit of P195.918 billion in March, according to the Bureau of the Treasury (BTr). The Treasury said, however, that the P42.7-billion budget surplus was 36.06 percent lower than the P66.8 billion…
Infrastructure spending increased by 15% in March, says Budget dep't bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
■ Harley F. Palangchao PILAR, Abra – For decades now, farmers in this fifth-class municipality have been improving their tobacco production, which has become the lifeline of the town’s economy and a major source of livelihood to countless farmers. Unknown to many, this municipality is one of the country’s top producers of high quality tobacco