Islamabad is seeking a new, larger long-term Extended Fund Facility (EFF) agreement with the fund after a current $3 billion standby arrangement expires this month.
The Philippines opened the year with a balance of payments (BOP) deficit in January, the biggest in nearly a year to reflect outflows from the government’s payments of its foreign currency debt, the Bangko Sentral ng Pilipinas (BSP) reported.
Türkiye ended 2023 with a lower-than-expected current account deficit of nearly $2.1 billion (TL 64.52 billion) in December, according to official data on.