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PHL balance of payments position reverts to surplus in Q2

THE country’s balance of payments (BoP) — which shows the Philippines’ economic transactions with the world for a certain time frame — reverted to a surplus in the second quarter, on the back of the narrowing of the current account deficit in the period, as well as continued net inflows in the financial account.

Current account to end in surplus on recovery of exports, imports

By Melissa Luz T. Lopez, Senior Reporter THE PHILIPPINES could see its current account return to a modest surplus on the back of expectations that external...

Philippine current account swings to a surplus in Q2

By Elijah Joseph C. Tubayan, Reporter THE PHILIPPINE’s current account swung to a surplus in the second quarter, lifted by dollar inflows mainly from business...