The National Budget was among the key policy tools that made these economic gains possible. The resurgence of disbursements, especially on infrastructure, has bolstered Gross Domestic Product (GDP) growth. The continued strength of revenue collections has also expanded resources deployed for priority development interventions. Government has also kept within its deficit and debt targets, contributing to sustained macroeconomic stability.
|Source Institution||Department of Budget and Management|
|Place of Publication||Manila|
|Original Publication Date||December 27, 2013|
|Tags||National Government Budget, Year - End Report on the 201 2 National Budget|