Philippines posts Feb budget deficit of P106.4 billion

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September’s balance of payments (BOP) deficit of $2.7 billion, which was the highest since January 2014, brought the gap in the nine months ended September to $5.14 billion. (Philstar/File photo)

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MANILA— 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

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Philippines posts Feb budget deficit of P106.4 billion
Source: Filipino Trend Viral