Philippines’ budget deficit at P313.2 billion in December

MANILA — The Philippine government posted a P313.2 billion ($5.36 billion) budget deficit PHBUD=ECI in December, the Bureau of the Treasury said Tuesday. It brought the budget deficit for 2025 to 1.58 trillion, 4.7% higher than the previous year’s 1.51 trillion pesos gap. ($1 = 58.4290 Philippine pesos) —Reporting by Karen Lema; Editing by John Mair The post Philippines’ budget deficit at P313.2 billion in December appeared first on Interaksyon.