Philippines’ budget deficit at P171.4 in February

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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)

MANILA — The Philippine government posted a P171.4 billion ($3 billion) budget deficit PHBUD=ECI in February, the Bureau of the Treasury said on Wednesday.

It brought year-to-date budget deficit to 103.1 billion pesos, versus the 76.7 billion pesos shortfall a year ago.

($1 = 57.228 Philippine pesos)

—Reporting by Mikhail Flores; Editing by Martin Petty