Go: 2027 budget under pressure from NTA, rising debt payments

MANILA, Philippines — Tax allotments for local governments and rising debt interest payments will eat into next year’s proposed P7.2-trillion national budget, leaving less room for productive spending, Finance Secretary Frederick Go said as Congress begins deliberations. In a roundtable discussion with Inquirer editors and reporters on Friday, Go said the National Tax Allotment (NTA)

By cbuban