BusinessWorld E-paper
August 21, 2025
THE PHILIPPINES’ balance of payments (BoP) position swung to a $167-million deficit in July as the government paid off external debt, the central bank said on Tuesday.
Preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed the BoP position stood at a $167-million deficit in July, a reversal from the $226-million surplus recorded in June and the $62-million surplus in July 2024.
