Philippines Balance of Payments at $44 Million Deficit in November 2017
Manila | 19th December 2017
The country’s overall balance of payments (BOP) position in November 2017 posted a deficit of US$44 million, lower than the US$1.7 billion deficit recorded in the same month last year.
” PHILIPPINES BALANCE OF PAYMENTS IN November 2017 AT $44 MILLION DEFICIT “
Notwithstanding the decline in the deficit in November, the BOP position for the period January-November 2017 posted a higher deficit of US$1.8 billion compared to the US$206 million BOP deficit recorded in the same period last year.
Source: Bangko Sentral ng Pilipinas
Join the Rise of Asia. Share a Story, Article or Photo here. For Press Release, visit here.
About The Wealth Times
The Wealth Times is the premier economic & financial media for Asia. Covering Asia’s most relevant developments in economy, business and finance. Asia is the world’s fastest growing economy with GDP exceeding $25 trillion and powered by 4.4 billion people.
Where should you invest your capital for the next decade? Which are the fastest growing companies in Asia? Which is the most exciting sector to be in? Which are the top cities to be in? Which country has new economic policies? Who are the most influential leaders? Who are the top business leaders?