BSP: Philippines' payments position to swing to deficit in 2022, 2023 - GMA News Online

3/18/2022 12:00:00 AM3 years 1 month ago
by TED CORDERO, GMA News

Taking into account how the Russia-Ukraine war may affect global recovery, the Bangko Sentral ng Pilipinas (BSP) expects the country's balance of payments (BOP) to shift from a surplus in 2021 to a deficit this year and next.

Taking into account how the Russia-Ukraine war may affect global recovery, the Bangko Sentral ng Pilipinas (BSP) expects the country's balance of payments (BOP) to shift from a surplus in 2021 to a d… [+2542 chars]

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