{"id":36043,"date":"2014-12-21T10:42:33","date_gmt":"2014-12-21T02:42:33","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=36043"},"modified":"2014-12-21T10:42:33","modified_gmt":"2014-12-21T02:42:33","slug":"ph-balance-of-payments-posts-deficit-in-november","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/12\/21\/ph-balance-of-payments-posts-deficit-in-november\/","title":{"rendered":"PH balance of payments posts deficit in November"},"content":{"rendered":"<p><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/12\/shutterstock_190530470.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-36048\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/12\/shutterstock_190530470-1024x628.jpg\" alt=\"shutterstock_190530470\" width=\"604\" height=\"370\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/12\/shutterstock_190530470-1024x628.jpg 1024w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/12\/shutterstock_190530470-300x184.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/12\/shutterstock_190530470-900x552.jpg 900w\" sizes=\"auto, (max-width: 604px) 100vw, 604px\" \/><\/a><\/p>\n<p>MANILA &#8211; The Bangko Sentral ng Pilipinas (BSP) said that the Philippines balance of payments (BOP) deficit from the start of the year up to November is now at a total of $3.72 billion. This, after the country posted a BOP deficit of $314 million in November,<\/p>\n<p>The central bank projects that by year end, the country will have a BOP deficit of $3.4 billion, as compared with last year\u2019s BOP surplus of $5.1 billion.<\/p>\n<p>BSP Governor Amando Tetangco Jr. said that a factor which affected the Philippines\u2019 BOP position is the normalization of policy in the US, which resulted in a reallocation of assets among markets and economies,<\/p>\n<p>The BOP indicates the transactions of the Philippines with other countries; summarizing trade, foreign investments (both direct or portfolio), and remittances from overseas Filipinos workers.<\/p>\n<p>If the BOP posts a surplus, this means that more money went into the economy during a particular period; whereas a BOP deficit indicates the opposite.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA &#8211; The Bangko Sentral ng Pilipinas (BSP) said that the Philippines balance of payments (BOP) deficit from the start &hellip;<\/p>\n","protected":false},"author":44,"featured_media":36048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1482,19],"tags":[],"class_list":["post-36043","post","type-post","status-publish","format-standard","has-post-thumbnail","category-breaking","category-business","mauthors-angie-duarte","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/36043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=36043"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/36043\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/36048"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=36043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=36043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=36043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}