Philippines posts Feb budget deficit of P106.4 billion

April 3, 2023 - 3:31 PM
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This undated file photo shows one thousand peso bills. (The STAR/Walter Bollozos/File Photo)

The Philippine government posted a budget deficit of 106.4 billion pesos ($1.95 billion) for February PHBUD=ECI, compared with a 105.8 billion shortfall in the same month last year, the Department of Finance said on Monday.

($1 = 54.5300 Philippine pesos)

—Reporting by Enrico Dela Cruz; Editing by Ed Davies