28 February 2018 – The Philippines incurred a slightly narrower budget deficit in 2017 that fell below program, with a double-digit pickup in spending matched by above-target revenue collections, according to latest Treasury data. Revenues reached P2.473 trillion for the full year, up by 13% from the P2.196 trillion raised in 2016 and two percent past a P2.427-trillion target, marking the first time in recent years that collections beat the official target. Read more at : www.bworldonline.com
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