BusinessWorld E-paper
March 26, 2025
THE BANGKO SENTRAL ng Pilipinas (BSP) expects the country’s balance of payment (BoP) position to swing to a deficit this year, as well as post a wider current account deficit, largely due to global trade volatilities.
“The Philippine BoP position is projected to be weaker in 2025-2026 due to slower global trade and subdued investor confidence linked to increased uncertainty in global trade policy and geopolitical developments,” it said in a statement late on Monday.
