MANILA — The Philippines’ overall balance of payments (BOP) position was a deficit of $2.6 billion in March, wider than the deficit of $2.3 billion in February, the central bank said on Monday.
The cumulative BOP position at end-March was a $5.3 billion deficit. The central bank has forecast a $7.8 billion BOP deficit for 2026, equivalent to 1.5% of gross domestic product.
—Reporting by Mikhail Flores; Editing by John Mair
