THE country will likely post a substantially higher balance of payments (BoP) deficit this year, the Bangko Sentral ng Pilipinas (BSP) announced on Thursday.
A greater current account deficit could lead to an overall BoP deficit of $1.5 billion, the Bangko Sentral said in a statement, much higher than the previous forecast of $1 billion.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.