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BSP sees BOP deficit at $11 2 B, GIR at $93 B – Manila Bulletin

The Philippines will likely report a higher balance of payments (BOP) deficit of $11.2 billion at the end of 2022, more than what was anticipated due to persistent external risks, the trade gap and lower financial account flows. The Bangko Sentral ng Pilipinas’ (BSP) previous BOP deficit projectio

Consumer confidence improves — BSP – Manila Bulletin

Consumers have a more favorable outlook in the near term due to prospects of jobs, higher income, decreased Covid-virus scare, and good governance, said the central bank. Based on the latest Consumer Expectations Survey (CES), which was released on Friday, July 1, the Bangko Sentral ng Pilipinas (B

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