THE national government’s budget deficit climbed to P128.3 billion in November 2020 as public spending rebounded during the month, the Bureau of Treasury (BTr) said on Wednesday. Data from the Treasury bureau showed that the shortfall was more than twice last year’s P60.9-billion budget gap, resulting in a cumulative budget deficit of P1.069 trillion, higher than the P409.1 billion recorded for the January-November 2019 period. The year-to-date deficit, however, only made up 59 percent of the P1.815-trillion revised full-year program, it said. Revenues slid by 19.35 percent or P59.0 billion to P245.8 billion year-over-year. Of the total, 96 percent or P235.9 billion was raised through taxes, while the remaining 4 percent or P9.9 billion was generated from non-tax collections.