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January BoP gap widest in 11 years - BusinessWorld Online

Summary by bworldonline.com
By Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINES in January posted its biggest balance of payments (BoP) deficit in over a decade, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. The BoP deficit stood at $4.1 billion in January, ballooning from the $740-million gap in the same month a year ago. It was also nearly triple the $1.5-billion deficit posted in December. This marked the widest BoP deficit in 11 years or si…
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bworldonline.com broke the news in on Thursday, February 20, 2025.
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