The Philippine government posted a 195.9 billion pesos ($3.41 billion) budget deficit in March, the Bureau of the Treasury said on Wednesday.

It brought year-to-date budget deficit to 272.6 billion pesos, versus the 270.9 billion pesos deficit a year ago. ($1 = 57.4200 Philippine pesos) (Reporting by Neil Jerome Morales and Mikhail Flores; Editing by Martin Petty)