EXPECTING the global economy to improve and the current account balance to stay in surplus, after contracting by 91.7 percent in 2016, the central bank is reviewing its balance of payments position (BoP) forecast for 2017.
“We will be revising our BoP forecast, maybe before the end of April,” Bangko Sentral ng Pilipinas (BSP) Deputy Governor Diwa Guinigundo said.
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