MANILA, Philippines — The national government’s budget deficit nearly doubled in August as it ramped up budgetary support to the Philippine Health Insurance Corp. (PhilHealth), pushing spending well above revenue collections. Latest data from the Bureau of the Treasury showed the fiscal gap swelled 90.23 percent to P161.3 billion in August from the P84.8-billion shortfall in […]...

Keep on reading: Spending ramp-up swells Aug budget deficit to P161.3B