For 2025, the current account deficit is seen widening from 2024 levels to $12.1 billion, or 2.4% of GDP, driven by ...
The Philippines current account deficit for 2024 will be much wider than previously expected, the central bank said on Friday, and the gap is projected to increase in 2025 due to geopolitical shocks ...
CURRENT account deficit projections for 2024 and 2025 were widened by the Bangko Sentral ng Pilipinas (BSP) under new balance ...
Despite persistent geopolitical, trade, and global financial risks, the Bangko Sentral ng Pilipinas (BSP) has raised its ...
THE Philippines’ balance of payments (BOP) is forecasted to remain resilient through 2024 and 2025, though at a slower pace compared to 2023, the Bangko Sentral ...
A large section of markets, government bond and forex market, is anticipating the central bank to announce open market ...
Plans to change the council set-up across the country have sparked fears that one town would lose its identity and people won ...
The proposal aims to increase the amount of money California is required by law to transfer to its rainy day fund.
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BSP sees lower BOP surplus in 2024
The country’s 2024 balance of payments (BOP) surplus is expected to decline compared to a year ago amid slower economic ...
Our current year's budget was presented in July and expected to build on the 8.2% growth in GDP of the previous year. But we did expect the growth in the curren ...