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.
MANILA, Jan. 19 (Xinhua) The Philippines overall balance of payments (BOP) posted a surplus of 612 million U.S. dollars in December 2022, lower than the 991
MANILA, Sept. 19 (Xinhua) The Philippines overall balance of payments (BOP) position posted a 572 million U.S. dollar deficit in August, a reversal from the
Taking into consideration various external risks that could hamper global growth, the Bangko Sentral ng Pilipinas (BSP) is expecting the country’s balance of payments (BOP) to post a wider deficit than it earlier projected for this year.