Philippines’ budget deficit at P273.3 billion in September

October 25, 2024 - 9:16 AM
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1000 cash
This undated file photo shows one thousand peso bills. (The STAR/Walter Bollozos/File Photo)

 The Philippine government posted a P273.3 billion ($4.72 billion) budget deficit PHBUD=ECI in September, the Bureau of the Treasury said on Thursday.

It brought year-to-date budget deficit to P970.2 billion, versus the 983.5 billion pesos shortfall a year ago.

($1 = 57.9500 Philippine pesos)

—Reporting by Mikhail Flores; Editing by Martin Petty