MANILA — The Philippines‘ overall balance of payments (BOP) position was a surplus of $62 million in July from a deficit of $155 million in June, the central bank said on Monday.
The cumulative BOP level as at end-July was a $1.5 billion surplus. The Philippine central bank has forecast a $700 million BOP surplus for 2024.
—Reporting by Mikhail Flores; Editing by John Mair
