MANILA, Oct 25 (NNN-PNA) – The Philippine government booked a budget deficit of 250.9 billion pesos (4.42 billion U.S. dollars) in Sept, 39.6 percent higher than in the same period in 2022, the Bureau of the Treasury said, today.
That brought the year-to-date budget deficit to 983.5 billion pesos (17.3 billion dollars), down by 2.89 percent, compared with the same period last year, the bureau said.
The cumulative deficit was also lower by 11.11 percent than the 1.106 trillion pesos (19.5 billion dollars) target, the bureau said.– NNN-PNA
