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business.inquirer.net PH gov’t spent more than it earned in 2019, Treasury data show

The government last year spent more on public goods and services than it ought to even as tax and non-tax collections fell slightly short of target, resulting in a P660.2-billion budget deficit that breached the ceiling for 2019.

The latest Bureau of the Treasury data released on Thursday (Feb. 27) showed that the national government's expenditures last year reached P3.79 trillion, up 11.4 percent…
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