Philippine central bank sees wider current account surpluses in 2021,2022

19-Jun-2021 Intellasia | Reuters | 5:02 AM Print This Post

The Philippine central bank on Friday revised its current account surplus projection for this year to $10 billion, or 2.5per cent of gross domestic product, wider than its previous forecast of $9.1 billion, or 2.3per cent of GDP.

For next year, the current-account surplus is expected to reach $6.7 billion, or 1.5per cent of GDP, also wider than the earlier estimate of $5.2 billion, or 1.2per cent of gross domestic product, the Bangko Sentral ng Pilipinas said in a briefing.


Category: Philippines

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