Philippines’ budget surplus at P67.3 billion in April

May 28, 2025 - 9:01 AM
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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 P67.3 billion  ($1.21 billion) budget surplus PHBUD=ECI in April, the Bureau of the Treasury said on Tuesday.

It brought year-to-date budget deficit to 411.5 billion pesos, 79% larger than the 229.9 billion pesos shortfall for the same period a year ago.

($1 = 55.4630 Philippine pesos)

—Reporting by Mikhail Flores; Editing by John Mair