MANILA — The Philippines’ overall balance of payments (BOP) position was at a deficit of $639 million in April from a surplus of $1.2 billion in March, the central bank said on Monday.
The cumulative BOP level for the first four months swung to a $401 million deficit. The Philippine central bank has forecast a $700 million BOP surplus for 2024.
—Reporting by Mikhail Flores; Editing by Martin Petty
