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Philippines , Thursday 16 April 2026

Philippines incurs $415 million BOP deficit in April

Published on: Friday 20 May 2022

Philippines incurs $415 million BOP deficit in April MANILA, Philippines — The Philippines’ balance of payments (BOP) position reverted to a deficit in April, the biggest shortfall in 11 months, with foreign exchange flowing out of the country as the government settled more foreign obligations. Data released by the Bangko Sentral ng Pilipinas (BSP) showed the country incurred a BOP deficit of $415 million in April, reversing the $2.61 billion surplus recorded in the same month last year as well as...


News source: https://www.msn.com/en-ph/news/national/philippines-incurs-dollar415-million-bop-deficit-in-april/ar-AAXwSER

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