Philippines posts $639mln balance of payments deficit in April
ZAWYA - 2024-05-20T11:45:01.203Z

The Philippines' overall balance of payments (BOP) position was at a deficit of $639 million in April from a surplus of $1.2 billion in March, the central bank said on Monday. The cumulative BOP level for the first four months swung to a $401 million deficit. The Philippine central bank has forecast a $700 million BOP surplus for 2024. (Reporting by Mikhail Flores; Editing by Martin Petty)

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