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PH balance of payments position back to surplus in 2023

By Inquirer - 10 months ago
MANILA  —The Philippines’ balance of payments (BOP) position returned to a surplus in 2023, which even exceeded the Bangko Sentral ng Pilipinas’ (BSP) more optimistic projection amid strong inflows from key sources. Data released on Friday by the BSP showed the country’s position in terms of its transactions with the rest of the world swung

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