BoP swings to deficit; GIR higher at $105.2B

Jul 20, 2024 12:22 am

GOVERNMENT debt payments swung the country's balance of payments (BoP) position into a deficit in June, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.

Last month's $155-million shortfall reversed from May's $2.0-billion surplus but was lower than the $606-million deficit a year earlier.

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