Philippines posts $226 mln balance of payment surplus in June

MANILA – The Philippines’ overall balance of payments (BOP) position was a surplus of $226 million in June after a deficit of $298 million in May, the central bank said on Friday.

The cumulative BOP level for the first six months was a deficit of $5.6 billion. The central bank has forecast a $6.3 billion deficit for 2025. – Reuters