MANILA -- The Philippines booked a balance of payments deficit of $414 million in September 2023, the Bangko Sentral ng Pilipinas said on Thursday."The BOP deficit in September 2023 reflected net outflows arising mainly from the National Government’s payments of its foreign currency debt obligations," the central bank said in a statement.
"Based on preliminary data, this development reflected mainly the improvement in the balance of trade and the higher net inflows from personal remittances, trade in services, and foreign borrowings by the ," it said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Davao Region inflation rises to 5.4% in Sept.Davao Region's year-on-year regional inflation increased to 5.4 percent in September this year, the Philippine Statistics Authority in Region 11 (PSA-11) said Tuesday. In a statement, PSA-11 said last month’s inflation rate is higher compared to the 3.
Source: EdgeDavao - 🏆 23. / 51 Read more »
IN PHOTOS: Manila Bulletin Sketchfest 2023, 'We Are All Created Equal' a resounding successThe Manila Bulletin Sketchfest 2023, held on Sept. 30, 2023, was a resounding success, leaving an indelible mark on the artistic landscape of the Philippines.
Source: manilabulletin - 🏆 25. / 51 Read more »
Oil prices rise, stocks slide on fears of broader Middle East warNEW YORK: Oil prices rallied and global stocks fell Wednesday on fears that the Israel-Hamas war could spill over into a regional conflict, after a strike at a Gaza hospital dealt a blow to President Joe Biden's diplomatic drive.
Source: TheManilaTimes - 🏆 2. / 92 Read more »
Las Vegas Aces slide by NY Liberty, bag 2nd straight WNBA titleA'ja Wilson and the Las Vegas Aces become the first team to win back-to-back WNBA championships in over 20 years
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Ateneo rides second-half breakaway, extends infamous UST slide to 19 lossesUAAP champion Ateneo pours out 57 second-half points on the back of Chris Koon and Mason Amos as hapless UST extends its all-time low skid to 19 straight games
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Comelec OKs request to transfer ‘incompetent’ PhilHealth officialsA memorandum that details the transfer states that the PhilHealth board has expressed its 'loss of confidence' in the seven executive committee members due to their 'observed incompetence, gross negligence, and ineffective leadership.'
Source: PhilstarNews - 🏆 1. / 94 Read more »