The Manila Times on Nostr: Current account deficit to narrow but risks remain ========== The Philippines' ...
Current account deficit to narrow but risks remain
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The Philippines' current account deficit is expected to narrow this year, with BMI Country Risk & Industry Research revising its 2024 forecast to 2.3 percent of GDP from 2.8 percent. However, this is still significantly larger than the 0.4 percent average for 2015 to 2019. The revision is based on better external demand prospects. The article does not provide information on the risks that remain.
#CurrentAccountDeficit #Gdp #Forecast #Philippines
https://www.manilatimes.net/2024/06/27/business/top-business/current-account-deficit-to-narrow-but-risks-remain/1953527
==========
The Philippines' current account deficit is expected to narrow this year, with BMI Country Risk & Industry Research revising its 2024 forecast to 2.3 percent of GDP from 2.8 percent. However, this is still significantly larger than the 0.4 percent average for 2015 to 2019. The revision is based on better external demand prospects. The article does not provide information on the risks that remain.
#CurrentAccountDeficit #Gdp #Forecast #Philippines
https://www.manilatimes.net/2024/06/27/business/top-business/current-account-deficit-to-narrow-but-risks-remain/1953527