Philippines’ budget surplus at P6.3 billion in October

November 27, 2024 - 5:35 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 P6.3 billion ($107 million) budget surplus PHBUD=ECI in October, the Bureau of the Treasury said on Wednesday.

It brought the year-to-date budget deficit to 963.9 billion pesos, versus the 1.017 trillion pesos gap a year ago.

($1 = 58.88 Philippine pesos)

—Reporting by Mikhail Flores and Neil Jerome Morales; Editing by Martin Petty