bsp expects lower bop surplus of $3 b in 2020 » manila
the bangko sentral ng pilipinas (bsp) estimates a balance of payments (bop) surplus of $3 billion in 2020 from the higher than projected $4.8 billion surplus for this year. the bsp, however, still expects a current account deficit next year of $8.4 billion from the revised shortfall of $5.6 billion for 2019.