Manila may tweak 2010, 2011 budget goals - official

Reuters

Posted at Jul 06 2010 07:01 PM | Updated as of Jul 07 2010 03:01 AM

MANILA, Philippines - The government  is looking at slightly revising the budget deficit targets for 2010 and 2011, a senior finance official said on Tuesday.

A technical working group is proposing to adjust the 2010 budget gap goal to P296.7 billion  and the 2011 target to P292.8, Finance Undersecretary Gil Beltran told reporters.

The current 2010 fiscal deficit target is about P300 billion and P285 billion pesos for 2011.