Philippines posts $2 billion balance of payment deficit in March

investing.com • 21/04/2025 - 07:15 AM

Philippines Balance of Payments Update

MANILA (Reuters) – The Philippines’ overall balance of payments position recorded a deficit of $2 billion in March, a significant shift from a surplus of $3.1 billion in February, as reported by the central bank on Monday.

For the first quarter of the year, the cumulative balance of payments level stands at a $3 billion deficit. The Philippine central bank has projected a $2.1 billion balance of payments surplus for 2025.