(MENAFN) The Filipino Department of Finance said that the government registered a budget surplus of USD268.67 million in May, Xinhua reporte
The May-surplus was a rebound of the USD299.64 million deficit registered during the same period a year earlier. Meanwhile, the surplus marked the second consecutive month of earning
"This was a result of the rapid growth of total revenues and tax revenues. (Last month), total revenues, tax collections and collections of the Bureau of Customs expanded at double-digit rates," Finance Secretary said
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