Manila Times Business
External gap to widen as global risks increase
THE country’s external position is expected to remain under pressure through 2027, with the Bangko Sentral ng Pilipinas (BSP) projecting a wider balance of payments (BOP) deficit amid elevated global risks, higher oil prices and structural constraints. “[C]ost-driven trade imbalances and tighter financial conditions continue to shape both current account and financing dynamics,” the central bank said in explaining the outlook in a statement issued late on Friday. Revised projec
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Source: manilatimes.net
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