The national government posted a lower budget surplus in April compared to a year ago amid the acceleration in public expenditures, the Bureau of the Treas.
To prevent prolonged on-site class disruptions during the rainy season, the Department of Education yesterday said it has asked local government units to refrain from using public schools as evacuation centers during typhoons and other calamities.
The national government has reverted to a budget surplus amounting to P42.7 billion in April, after recording a fiscal deficit of P195.918 billion in March, according to the Bureau of the Treasury (BTr). The Treasury said, however, that the P42.7-billion budget surplus was 36.06 percent lower than the P66.8 billion…
The national government failed to raise P30 billion from the auction of 20-year Treasury bonds (T-bonds) on Tuesday, according to the Bureau of the Treasury (BTr). The Auction Committee accepted P22.72 billion worth of bids for the bonds during the auction out of the P37.92 billion worth of tenders received.…