MANILA, Philippines — The Philippine national government saw a wider budget surplus at P165.4 billion in January. This was more than double from a year earlier amid a slowdown in spending and modest revenue growth.  READ: 2025 budget deficit exceeds target at P1.58 trillion Latest data from the Bureau of the Treasury (BTr) showed the Marcos administration’s fiscal surplus at the start of this year was 141 percent higher than the P68.4 billion recorded in January 2025. It also marked a reversal of the P312.2-billion deficit posted in December. READ: PH debt service bill dipped in Nov 2025 – Bureau […]... Keep on reading: Philippine budget surplus soars to P165.4B in January on slower spending