Philippines posts 53 mln USD deficit in July
MANILA, Aug. 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted 53 million in July 2023, lower than the 1.8 billion U.S. dollars BOP deficit recorded in July 2022, according to the Philippine central bank data released Friday night.
The Bangko Sentral ng Pilipinas (BSP) said the BOP deficit in July this year reflected net outflows arising mainly from the national government's payments of it