Govt deficit widens as spending growth at 4-month high
  • 5 years ago
The government's budget deficit rose 36% in July amid a revived push for spending. The budget shortfall was P53 billion, the widest gap for the year after a surplus in April. Meanwhile, the budget department released P198 billion in July, the highest monthly level this year, as the government tries to boost economic growth. ANC News Now, September 9, 2013