The Philippine Central Bank forecasts that the dollar flows into the Philippines from abroad will have a larger surplus than initially expected as exports begin to recover. But slowing economic activity will continue to limit imports.
in the online ทดลองเล่นสล็อต briefing Bangko Sentral ng Pilipinas (BSP) officials have revised the latest balance of payments (BOP) surplus for 2021 to $7.1 billion, or 1.8% of gross domestic product (GDP), which is higher than the full year. The Monetary Commission's forecast of $6.2 billion last March.
But it is significantly below the record-breaking $16 billion BOP balance last year. When the economic downturn worsens imports and investments.According to the central bank new forecast “Reflects an increase in the current account surplus of $10 billion in 2021 from a previous forecast of $9.1 billion.”
The correction in the uptrend is supported by forecasts for merchandise exports to recover 10 percent faster than initially projected growth of 8 percent amid expected recovery in global economic activity. faster during the year Likewise, import growth is likely to have momentum of 12 percent, unchanged from previous training.