BusinessWorld E-paper
July 21, 2022
THE PHILIPPINES’ balance of payments (BoP) position remained in a deficit for a third
straight month in June, as more dollars flowed out of the country to pay for the government’s foreign debt.
Data released by the Bangko Sentral ng Pilipinas (BSP) late on Tuesday showed the BoP
deficit widened to $1.57 billion in June, from the $312-million deficit in the same month last year.
