BSP sees higher BOP surplus in 2024-2025

PTVPhilippines

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00:00The Banco Central de Filipinas or BSP's latest set of forecasts showed the country's overall

00:05balance of payments or BOPs for 2024 and 2025 indicated continued resilience.

00:11The central bank's assessment is underpinned mainly by stable but moderate global and domestic

00:16economic growth prospects, a decelerating inflation trajectory, geopolitical and weather

00:22shocks as well as the possibility of shifts in U.S. trade and investment policies under

00:27the Trump administration.

00:29Also economic growth worldwide is expected to remain steady in 2025 with growth mainly

00:34coming from advanced economies.

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