(Naitala noong Enero) P14.1-B BUDGET DEFICIT

bureau of the treasury-3

PUMIHIT ang fiscal balance ng pamahalaan sa deficit noong Enero 2021 sa likod ng pagbaba sa kita ng pamahalaan sa gitna ng nagpapatuloy na COVID-19 pandemic.

Sa datos na ipinalabas ng Bureau of the Treasury (BTr), ang national government ay nagtala ng budget deficit na P14.1 billion, kabaligtaran ng P23-billion budget surplus noong Enero 2020.

“The fiscal outturn resulted from a 1.18% year-on-year increase in government spending alongside an 11.51% contraction in revenue collection,” ayon sa BOTr.

Ang budget deficit ay nagaganap kapag lumagpas ang expenditures sa revenue collections.

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