Philippines posts $2.6 billion balance of payments deficit in April

May 20, 2025 - 3:04 PM
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A worker shows Philippine peso bills inside a money changer in metro Manila, Philippines August 14, 2017. (Reuters/Dondi Tawatao/File Photo)

— The Philippines’ overall balance of payments (BOP) position was a deficit of $2.6 billion in April after a deficit of $2 billion in March, the central bank said on Monday.

The year-to-date BOP as at end-April was a $5.5 billion deficit. The Philippine central bank has forecast a $2.1 billion BOP surplus for 2025.

—Reporting by Mikhail Flores