BusinessWorld E-paper
February 21, 2024
THE COUNTRY posted a balance of payments (BoP) deficit of $740 million in January — the biggest in 11 months — as the government paid its foreign debt, according to data released by the Bangko Sentral ng Pilipinas (BSP) late Monday.
It was a reversal of the $3.08-billion surplus a year ago and $642 million in December.
