The Philippines’ balance of payments (BOP) swung back to a deficit of $167 million in July 2025 from a surplus in June, bringing the year-to-date shortfall to $5.8 billion, the latest data released by the central bank showed.
In June, the country posted a surplus of $226 million, the first monthly surplus for this year.
The $167 million gap in July also reverses a surplus of $62 million in the year-earlier period.
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