MANILA — The Philippine government posted a P28.8 billion ($511.50 million) budget deficit PHBUD=ECI in July, the Bureau of the Treasury said on Wednesday.
It brought the year-to-date budget deficit to P642.8 billion, versus P599.5 billion for the same period a year ago.
($1 = 56.3050 Philippine pesos)
—Reporting by Neil Jerome Morales; Editing by John Mair