Philippines’ budget surplus at P11.2 billion in October

November 27, 2025 - 8:00 AM
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A worker shows Philippine peso bills inside a money changer in metro Manila, Philippines August 14, 2017. (Reuters/Dondi Tawatao/File Photo)

 The Philippine government posted a budget surplus of P11.2 billion ($190.38 million) PHBUD=ECI in October, the Bureau of the Treasury said on Wednesday.

It brought the year-to-date budget deficit to P1.11 trillion, up 15% versus the P963.9 billion shortfall a year ago.

($1 = 58.83 Philippine pesos)

—Reporting by Mikhail Flores; Editing by David Stanway