Monetary authorities revise BoP projections

Dec 16, 2023 12:31 am

NEW balance of payments (BoP) forecasts have been approved by monetary authorities, with surpluses now expected for both this year and the next.

Instead of a $100-million deficit, the country's BoP position will likely end 2023 at a $1.1-billion surplus, the Bangko Sentral ng Pilipinas (BSP) said on Friday.

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

Net FDI falls to 11-year low

Global roadshow set to promote Create More

Bangko Sentral seen cautious on rate cuts

Trade war heats up; China tariffs take effect

NG spending improves; budget utilization at 99%

Vape product import rules tightened by DTI

Hollywood firm wants to build studios in PH