Philippines’ budget deficit at P313.2 billion in December

March 3, 2026 - 5:29 PM
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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 P313.2 billion ($5.36 billion) budget deficit PHBUD=ECI in December, the Bureau of the Treasury said Tuesday.

It brought the budget deficit for 2025 to 1.58 trillion, 4.7% higher than the previous year’s 1.51 trillion pesos gap.

($1 = 58.4290 Philippine pesos)

—Reporting by Karen Lema; Editing by John Mair