Philippines’ budget surplus at P88 billion in January

March 15, 2024 - 4:49 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 an P88 billion ($1.58 billion) budget surplus PHBUD=ECI in January, up 92% from a year ago, the Bureau of the Treasury said on Friday.

($1 = 55.5600 Philippine pesos)

— Reporting by Mikhail Flores; Editing by Martin Petty