In its latest preliminary international investment position (IIP) report, the BSP said the country's net external liability position was higher in the third quarter of 2024 compared to a quarter ago due to higher external financial liabilities, which outpaced the growth in external financial assets.
As of end-September 2024, the country's total outstanding external financial liabilities jumped by 10 percent to $329 billion from a quarter ago, while the total outstanding external financial assets increased by 4.8 percent to $254.7 billion.
The third-quarter net external liability position was also 60 percent higher than the net liability of $46.4 billion as of end-September 2023.
Bu hikaye The Philippine Star dergisinin January 02, 2025 sayısından alınmıştır.
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Bu hikaye The Philippine Star dergisinin January 02, 2025 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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