Oct. 17 (Bloomberg) -- The Philippine government may increase its budget for its stimulus plan by 20 billion pesos, Budget Secretary Butch Abad told reporters today in Manila.
The additional funds will be used to provide electricity to remote provinces and the government will decide in November, Abad said. The government likely had a budget deficit in September, Abad said. The shortfall this year may be 240 billion pesos without the additional stimulus, he said.
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