BOP keeps surplus position in January 48 SHARES Share it! Share TweetBy Lee ChipongianThe country’s balance of payments (BOP) remained in surplus position for the month of January at $2.70 billion, the Bangko Sentral ng Pilipinas (BSP) said. At the end of 2018, the overall BOP was in shortfall of $2.30 billion while the December BOP was in surplus of $2.44 billion. The 2018 full-year BOP deficit is however still higher compared to 2017’s $863 million deficit. The central bank has projected a BOP deficit this year of $3.5 billion.
Source: Manila Bulletin February 19, 2019 11:41 UTC