MANILA (Reuters): The Philippines current account deficit for 2024 will be much wider than previously expected, the central bank said on Friday, and the gap is projected to increase in 2025 due to ...
The BSP also revised its current account targets upwards to $10.4 billion (-2.2 percent of GDP) in 2024 from the $6.8 billion deficit (-1.5 percent of GDP) projection given in September last year.