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IIP net liability position traced to bond issuances

THE national government’s recent bond issuances contributed to the net liability position of the country’s net international investment position (IIP), according to the Bangko Sentral ng Pilipinas (BSP). Preliminary data showed the country’s net liability position of $51.3 billion as of end-December 2023, higher by 8.1 percent than the $47.5… ....

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