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                    [ArticleID] => 147929
                    [Title] => 2001 budget deficit seems better than target
                    [Summary] => Last year’s target deficit of P145 billion was not breached and may have even fallen below expectations by at least P2 billion to only P143 billion.


This possibility was raised yesterday because of strong indications the Department of Finance generated surplus revenues of P5 billion for the month of December 2001.


Budget Secretary Emilia Boncodin estimates overspending by about P7 billion, but finance officials are confident there was a net surplus last December as a result of efforts to collect on a number of unspecified receivables.


                    [DatePublished] => 2002-01-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Business
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FINANCE SECRETARY SECRETARY JOSE ISIDRO CAMACHO

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                    [ArticleID] => 147929
                    [Title] => 2001 budget deficit seems better than target
                    [Summary] => Last year’s target deficit of P145 billion was not breached and may have even fallen below expectations by at least P2 billion to only P143 billion.


This possibility was raised yesterday because of strong indications the Department of Finance generated surplus revenues of P5 billion for the month of December 2001.


Budget Secretary Emilia Boncodin estimates overspending by about P7 billion, but finance officials are confident there was a net surplus last December as a result of efforts to collect on a number of unspecified receivables.


                    [DatePublished] => 2002-01-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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abtest

2001 budget deficit seems better than target

January 22, 2002 - 12:00am

Last year’s target deficit of P145 billion was not breached and may have even fallen below expectations by at least P2 billion to only P143 billion. This possibility was raised yesterday because of strong indications...

Business