Logo

23 日 マニラ

30°C23°C
両替レート
¥10,000=P3,730
$100=P5,830

23 日 マニラ

30°C23°C
両替レート
¥10,000=P3,730
$100=P5,830

BOP deficit eases to $148m year-on-year in April

2023/5/21 英字

The overall balance of payments (BOP) position posted a deficit of $148 million in April, lower than the $415 million BOP deficit recorded in the same month last year.

The BOP deficit in April reflected outflows arising mainly from the National Government’s (NG) payments of its foreign currency debt obligations.

Notwithstanding the deficit in April, the cumulative BOP position registered a surplus of $3.3 billion in the first four months of the year. This level is markedly higher than the $79 million surplus recorded in the same period a year ago.

Based on preliminary data, the cumulative BOP surplus reflected inflows that stemmed mainly from personal remittances, net foreign borrowings by the NG, and foreign direct investments.

The gross international reserves (GIR) level increased to $101.8 billion as of end-April from $101.5 billion as of end-March.

The latest GIR level represents a more than adequate external liquidity buffer equivalent to 7.6 months’ worth of imports of goods and payments of services and primary income.

Moreover, it is also about 6 times the country’s short-term external debt based on original maturity and 4.1 times based on residual maturity. BSP

おすすめ記事

DOT concerned with robberies on Japanese in Metro Manila

2025/1/23 英字 無料
無料

Philippines will feature tech driven ''engagements'' using AI in Osaka Expo

2025/1/23 英字 無料
無料

''Important'' for Marcos to meet Trump soon: envoy

2025/1/23 英字 無料
無料

PNP identifies three active, five potential private armed groups, orders these dismantled in March

2025/1/23 英字 無料
無料

Bill seeking to impose death on gov’t officials convicted by Sandiganbayan filed in House

2025/1/23 英字 無料
無料

AFP urges people who allegedly recovered a drone in Bohol to turn over the equipment

2025/1/23 英字 無料
無料