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                    [ArticleID] => 2356811
                    [Title] => BOP swings to deficit in April 2024
                    [Summary] => The central bank attributed the outflows to the national government’s net foreign currency withdrawals from its deposits with the BSP to “settle its foreign currency debt obligations and pay for its various expenditures.”
                    [DatePublished] => 2024-05-21 12:49:00
                    [ColumnID] => 0
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                    [AuthorName] => Ian Laqui
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                    [ArticleID] => 2334842
                    [Title] => BOP swings to deficit in January
                    [Summary] => The country’s balance of payments swung to a deficit of $740 million in January, the highest in almost a year, as the government paid its foreign currency debt obligations.
                    [DatePublished] => 2024-02-21 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
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                    [URL] => https://media.philstar.com/photos/2024/02/20/2_2024-02-20_19-06-1051_thumbnail.jpg
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                    [ArticleID] => 2252423
                    [Title] => BSP sees smaller dollar deficit in 2023 as global headwinds persist
                    [Summary] => The Philippines would likely post a smaller dollar deficit this year, the Bangko Sentral ng Pilipinas said.
                    [DatePublished] => 2023-03-17 17:35:00
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                    [ArticleID] => 2210148
                    [Title] => BSP sees bigger dollar deficit in 2022, adding pressure on peso
                    [Summary] => The central bank's new projections could spell bad news for the Philippine peso.
                    [DatePublished] => 2022-09-16 16:53:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1806886
                    [AuthorName] => Ramon Royandoyan
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                    [ArticleID] => 2189085
                    [Title] => Philippines seen posting bigger dollar deficit amid expensive imports
                    [Summary] => The forecast means more dollars would leave the country than those that would enter.
                    [DatePublished] => 2022-06-17 16:42:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1806886
                    [AuthorName] => Ramon Royandoyan
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2022/06/08/economy_2022-06-08_19-23-02506_thumbnail.jpg
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                    [ArticleID] => 2168202
                    [Title] => Philippines seen returning to dollar deficit as expensive oil bloats imports
                    [Summary] => The Philippines is bound to witness more dollar outflows this year as high oil prices weigh heavily on the country’s import bill.
                    [DatePublished] => 2022-03-18 14:28:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1806886
                    [AuthorName] => Ramon Royandoyan
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                    [ArticleID] => 2136824
                    [Title] => Debt payments bring Philippines' dollar position back to deficit in September
                    [Summary] => The Philippines’ dollar position is back to a deficit in September.
                    [DatePublished] => 2021-10-26 12:07:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1805247
                    [AuthorName] => Ian Nicolas Cigaral
                    [SectionName] => Business
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                    [ArticleID] => 2129406
                    [Title] => Fresh SDRs from IMF give Philippines a third dollar surplus this year
                    [Summary] => Additional allocations from the International Monetary Fund gave the Philippines its second-biggest dollar surplus this year in August.
                    [DatePublished] => 2021-09-24 10:38:00
                    [ColumnID] => 0
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                    [AuthorID] => 1805247
                    [AuthorName] => Ian Nicolas Cigaral
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                    [ArticleID] => 2122572
                    [Title] => Fresh foreign debts, BSP earnings give Philippines a dollar surplus in July
                    [Summary] => The country’s balance of payments position climbed posted a $642 million surplus in July.
                    [DatePublished] => 2021-08-25 17:57:00
                    [ColumnID] => 0
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                    [AuthorID] => 1806886
                    [AuthorName] => Ramon Royandoyan
                    [SectionName] => Business
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                    [Title] => Philippine dollar deficit shrinks in June — BSP
                    [Summary] => The Philippines posted another month of dollar deficit in June, albeit narrower as earnings from the central bank’s investments overseas offset hefty withdrawals by the national government to pay for its old foreign debts.
                    [DatePublished] => 2021-07-27 17:31:00
                    [ColumnID] => 0
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Balance of Payments

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                    [Title] => BOP swings to deficit in April 2024
                    [Summary] => The central bank attributed the outflows to the national government’s net foreign currency withdrawals from its deposits with the BSP to “settle its foreign currency debt obligations and pay for its various expenditures.”
                    [DatePublished] => 2024-05-21 12:49:00
                    [ColumnID] => 0
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                    [ArticleID] => 2334842
                    [Title] => BOP swings to deficit in January
                    [Summary] => The country’s balance of payments swung to a deficit of $740 million in January, the highest in almost a year, as the government paid its foreign currency debt obligations.
                    [DatePublished] => 2024-02-21 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
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                    [URL] => https://media.philstar.com/photos/2024/02/20/2_2024-02-20_19-06-1051_thumbnail.jpg
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                    [Title] => BSP sees smaller dollar deficit in 2023 as global headwinds persist
                    [Summary] => The Philippines would likely post a smaller dollar deficit this year, the Bangko Sentral ng Pilipinas said.
                    [DatePublished] => 2023-03-17 17:35:00
                    [ColumnID] => 0
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                    [ArticleID] => 2210148
                    [Title] => BSP sees bigger dollar deficit in 2022, adding pressure on peso
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                    [DatePublished] => 2022-09-16 16:53:00
                    [ColumnID] => 0
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                    [AuthorID] => 1806886
                    [AuthorName] => Ramon Royandoyan
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                    [Title] => Philippines seen posting bigger dollar deficit amid expensive imports
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                    [DatePublished] => 2022-06-17 16:42:00
                    [ColumnID] => 0
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                    [AuthorID] => 1806886
                    [AuthorName] => Ramon Royandoyan
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                    [ArticleID] => 2168202
                    [Title] => Philippines seen returning to dollar deficit as expensive oil bloats imports
                    [Summary] => The Philippines is bound to witness more dollar outflows this year as high oil prices weigh heavily on the country’s import bill.
                    [DatePublished] => 2022-03-18 14:28:00
                    [ColumnID] => 0
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                    [AuthorID] => 1806886
                    [AuthorName] => Ramon Royandoyan
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                    [ArticleID] => 2136824
                    [Title] => Debt payments bring Philippines' dollar position back to deficit in September
                    [Summary] => The Philippines’ dollar position is back to a deficit in September.
                    [DatePublished] => 2021-10-26 12:07:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1805247
                    [AuthorName] => Ian Nicolas Cigaral
                    [SectionName] => Business
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                    [Title] => Fresh SDRs from IMF give Philippines a third dollar surplus this year
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                    [DatePublished] => 2021-09-24 10:38:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1805247
                    [AuthorName] => Ian Nicolas Cigaral
                    [SectionName] => Business
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                    [ArticleID] => 2122572
                    [Title] => Fresh foreign debts, BSP earnings give Philippines a dollar surplus in July
                    [Summary] => The country’s balance of payments position climbed posted a $642 million surplus in July.
                    [DatePublished] => 2021-08-25 17:57:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1806886
                    [AuthorName] => Ramon Royandoyan
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2021/04/21/bsp_2021-04-21_19-10-00619_thumbnail.jpg
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                    [ArticleID] => 2115605
                    [Title] => Philippine dollar deficit shrinks in June — BSP
                    [Summary] => The Philippines posted another month of dollar deficit in June, albeit narrower as earnings from the central bank’s investments overseas offset hefty withdrawals by the national government to pay for its old foreign debts.
                    [DatePublished] => 2021-07-27 17:31:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1806886
                    [AuthorName] => Ramon Royandoyan
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abtest

BOP swings to deficit in April 2024

By Ian Laqui | May 21, 2024 - 12:49pm

The central bank attributed the outflows to the national government’s net foreign currency withdrawals from its deposits...

Business

BOP swings to deficit in January

By Louise Maureen Simeon | February 21, 2024 - 12:00am

The country’s balance of payments swung to a deficit of $740 million in January, the highest in almost a year, as the...

Business

BSP sees smaller dollar deficit in 2023 as global headwinds persist

March 17, 2023 - 5:35pm

The Philippines would likely post a smaller dollar deficit this year, the Bangko Sentral ng Pilipinas said.

Business

BSP sees bigger dollar deficit in 2022, adding pressure on peso

By Ramon Royandoyan | September 16, 2022 - 4:53pm

The central bank's new projections could spell bad news for the Philippine peso.

Business

Philippines seen posting bigger dollar deficit amid expensive imports

By Ramon Royandoyan | June 17, 2022 - 4:42pm

The forecast means more dollars would leave the country than those that would enter.

Business

Philippines seen returning to dollar deficit as expensive oil bloats imports

By Ramon Royandoyan | March 18, 2022 - 2:28pm

The Philippines is bound to witness more dollar outflows this year as high oil prices weigh heavily on the country’s...

Business

Debt payments bring Philippines' dollar position back to deficit in September

By Ian Nicolas Cigaral | October 26, 2021 - 12:07pm

The Philippines’ dollar position is back to a deficit in September.

Business

Fresh SDRs from IMF give Philippines a third dollar surplus this year

By Ian Nicolas Cigaral | September 24, 2021 - 10:38am

Additional allocations from the International Monetary Fund gave the Philippines its second-biggest dollar surplus this year...

Business

Fresh foreign debts, BSP earnings give Philippines a dollar surplus in July

By Ramon Royandoyan | August 25, 2021 - 5:57pm

The country’s balance of payments position climbed posted a $642 million surplus in July.

Business

Philippine dollar deficit shrinks in June — BSP

By Ramon Royandoyan | July 27, 2021 - 5:31pm

The Philippines posted another month of dollar deficit in June, albeit narrower as earnings from the central bank’s...

Business