THE PHILIPPINES’ net external liability position widened as of end-September, data from the Bangko Sentral ng Pilipinas (BSP) showed.
The country’s international investment position (IIP) stood at a net external liability of $74.2 billion at the end of September, 33.3% bigger than the $55.7-billion net liability at the end of June.
Year on year, the net external liability position was also 60.1% wider than $46.4 billion in the same period a year ago.
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