Can I read Philippines Balance of Payments Overview on EtoBox?
Philippines Balance of Payments Overview by Jc Biscocho is a document available to read on EtoBox.
What is Philippines Balance of Payments Overview about?
The Philippines experienced a current account deficit from 2017 to the first half of 2019, but projections show a surplus in 2020. Imports have consistently exceeded exports, leading to goods and services deficits. However, the financial account saw deficits turn to surpluses over this period. The overall balance of payments position, which was negative from 2017 to 2018, is projected to remain positive in 2020 despite declines in some economic indicators due to the pandemic. Reserves assets largely mirrore
- Author
- Jc Biscocho
- Language
- EN