UNCERTAINTIES over the impact of US President Donald Trump's trade war and geopolitical developments could push the Philippines' balance of payments (BOP) into a deficit this year and in 2026, the central bank said late Monday.
The Bangko Sentral ng Pilipinas (BSP) changed its BOP outlook for 2025 to a $4.0-billion shortfall, reversing from the $2.1-billion surplus projected last December, and also said that this could widen to $4.3 billion next year.
