Philippines’ budget deficit at P375.7 billion in March

This undated file photo shows one thousand peso bills. (The STAR/Walter Bollozos/File Photo)

 The Philippine government posted a P375.7 billion ($6.69 billion) budget deficit PHBUD=ECI in March, the Bureau of the Treasury said on Tuesday.

It brought year-to-date budget deficit to 478.8 billion pesos, wider than budget gap of 272.6 billion pesos in the same period last year.

—Reporting by Karen Lema; Editing by Martin Petty

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