Philippines posts April budget surplus of P66.8 billion

May 29, 2023 - 3:44 PM
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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 budget surplus PHBUD=ECI of 66.8 billion Philippine pesos ($1.21 billion) in April, versus a surplus of 4.9 billion pesos in the same month last year, the Bureau of the Treasury said in a statement on Monday.

($1 = 55.27 Philippine pesos)

—Reporting by Enrico Dela Cruz; Editing by Martin Petty