PH net external liability up in Q2

Oct 02, 2023 12:35 am

THE Philippines posted a higher net external liability position in the second quarter of 2023, the Bangko Sentral ng Pilipinas (BSP) reported late on Friday.

This was primarily caused by a decrease in the country's external financial assets, which fell by 1.0 percent, surpassing the reduction in external financial liabilities, which dropped by 0.4 percent.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Trade tensions open opportunities

Amid lack of catalysts, investors seen cautious

Govt infra spending up by 16.9% in Sept

Fed policy framework review to start next year

UN rules for carbon trading OKd at COP29

Expanded pawnshop services OKd

Meat imports up 12.6% as of September