Manila Times Business
BOP shortfall narrows to $596 million in August
THE Philippines’ balance of payments (BOP) remained in deficit in August, but the shortfall narrowed, data from the Bangko Sentral ng Pilipinas (BSP) showed. At $596 million, the shortfall was lower than the $1.47-billion deficit recorded a month earlier. It is, however, a reversal from last year’s $359-million surplus. The result brought the year-to-date BOP higher to $5.94-billion shortfall, higher than the $5.39 billion recorded in January-August 2025. “The year-to-date BOP
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