Balance of Payment Surplus of $184-Million Recorded in April

The country recorded a balance of payment surplus of $184 million in  April, 51.6 percent lower than the $380 million surplus registered in the same month last year. For the first four months, the country recorded a deficit of $90 million, down from a $1.26 billion surplus in the same period last year. The government forecasts a surplus of $2.2 billion or 0.7 percent of GDP this year. Remittances, business process outsourcing (BPOs), and…

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