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                    [ArticleID] => 145450
                    [Title] => BOP gap seen shrinking to $100 million in 2002
                    [Summary] => The expected recovery of the economy in the second semester as well as the improvement in foreign direct investments will boost the country’s balance of payments (BOP) position to a deficit of less than $100 million by 2002.


This will be a near complete reversal of the $1.3-billion BOP deficit expected this year. The minimal BOP deficit projected for 2002 will result in a stronger peso versus the US dollar, and this is seen to subsequently translate to more stable consumer prices and lower inflation.


                    [DatePublished] => 2001-12-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 144703
                    [Title] => OFW remittances, FDIs trim RP’s BOP deficit to $1.3B
                    [Summary] => The Christmas holiday remittances of overseas Filipinos workers (OFWs) overseas as well as substantial foreign direct investments that came in could reduce the balance of payments (BOP) deficit to just $1.3 billion.


Bangko Sentral ng Pilipinas (BSP) Governor Rafael Buenaventura said the dollar inflows that came rather belatedly will allow the BOP to stay at least at the level of $1.3 billion.


                    [DatePublished] => 2001-12-24 00:00:00
                    [ColumnID] => 133272
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KIRIN BREWER

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                    [ArticleID] => 145450
                    [Title] => BOP gap seen shrinking to $100 million in 2002
                    [Summary] => The expected recovery of the economy in the second semester as well as the improvement in foreign direct investments will boost the country’s balance of payments (BOP) position to a deficit of less than $100 million by 2002.


This will be a near complete reversal of the $1.3-billion BOP deficit expected this year. The minimal BOP deficit projected for 2002 will result in a stronger peso versus the US dollar, and this is seen to subsequently translate to more stable consumer prices and lower inflation.


                    [DatePublished] => 2001-12-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
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            [1] => Array
                (
                    [ArticleID] => 144703
                    [Title] => OFW remittances, FDIs trim RP’s BOP deficit to $1.3B
                    [Summary] => The Christmas holiday remittances of overseas Filipinos workers (OFWs) overseas as well as substantial foreign direct investments that came in could reduce the balance of payments (BOP) deficit to just $1.3 billion.


Bangko Sentral ng Pilipinas (BSP) Governor Rafael Buenaventura said the dollar inflows that came rather belatedly will allow the BOP to stay at least at the level of $1.3 billion.


                    [DatePublished] => 2001-12-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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BOP gap seen shrinking to $100 million in 2002

By Rocel Felix | December 31, 2001 - 12:00am

The expected recovery of the economy in the second semester as well as the improvement in foreign direct investments will boost the country’s balance of payments (BOP) position to a deficit of less than $100...

Business

OFW remittances, FDIs trim RP’s BOP deficit to $1.3B

December 24, 2001 - 12:00am

The Christmas holiday remittances of overseas Filipinos workers (OFWs) overseas as well as substantial foreign direct investments that came in could reduce the balance of payments (BOP) deficit to just $1.3 billion. Bangko...

Business