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News 2026-09-24 08:35 UTC

Philippines posts $2.57 billion budget deficit in August

MANILA, Sept 24 (Reuters) — The Philippine government reported a budget deficit of 161.3 billion pesos ($2.57 billion) in August, data from the Treasury Bureau showed on Thursday. The August deficit brought the country's year-to-date budget deficit to 1.05 trillion pesos, 21.3% wider than the 869.2 billion pesos shortf