Debt payment leads to $1.67-B BoP shortfall

By Mayvelin U. Caraballo

Jul 21, 2022 12:22 am

THE Bangko Sentral ng Pilipinas (BSP) said the national government's payment of its external debt led to a $1.57-billion shortfall in the country's balance of payments (BoP) in June.

Although it narrowed from $1.60 billion in May of this year, it widened from the $312-million gap in June 2021.

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