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× BTr: Govt posts P87-B budget surplus in April

THE government incurred a budget surplus of P86.9 billion in April as state spending contracted amid a marginal growth in revenues, the Bureau of the Treasury (BTr) said on Friday, attributing the latest data to the delayed 2019 outlay. Last month’s amount was a reversal of the P58.409-billion de

Read also: April budget surplus hits Gov’t swings to surplus in April as spending slows on 2019 budget Government’s April budget surplus is 87.6 percent higher at P86.9B; weaker spending due to reenacted budget