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Philippines’ BOP deficit sharply narrows in May

juni 20, 2023by Reacties uitgeschakeld voor Philippines’ BOP deficit sharply narrows in May

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MANILA, June 20 (Xinhua) — The Philippines’ overall balance of payments (BOP) posted a deficit of 439 million U.S. dollars in May, sharply lower than the 1.6-billion-dollar BOP deficit recorded a year ago, according to the Philippine central bank data released Monday night.

The Bangko Sentral ng Pilipinas (BSP) said the BOP deficit in May this year reflected outflows arising mainly from the national government’

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