PH economy grew faster in Q3, but net external liability position reached US$50-B in September

The Bangko Sentral ng Pilipinas (BSP) has just released a media advisory announcing the results of the country’s latest economic performance which, according to the Department of Finance, grew faster (5.9%) in the 3rd quarter of 2023. According to the advisory, however, preliminary data on the country’s net international investment position (IIP) also indicated a […]