The national government posted a surplus of P55.0 in April 2016 on the back of strong revenue collections, bringing the year-to-date deficit down to P57.5 billion. Net of interest payments, the national government’s primary balance for January-April 2016 stood at a surplus of P59.9 billion. April 2016 surplus stood at P69.8 billion.
Read MoreOpportunities beyond 2016 to be highlighted in the Philippines Business & Investment Forum
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