Tag: net external liability
-
Philippines Net External Liability Narrows to $58B
Philippines’ net external liability narrows to $58 billion as external assets rise The Philippines has reported an improved net international investment position in the third quarter, with its net external liability shrinking to about $58 billion. The updated data reflect a combination of stronger external assets and a more measured pace of external liabilities, signaling…
-
Philippines Net External Liability Narrows to $58 Billion as External Assets Rise
philippines net external liability narrows to $58 billion as external assets rise The Philippines’ net international investment position (NIIP) improved in the third quarter, with the country reporting a narrower net external liability of $58 billion. This shift came as the nation recorded stronger external assets and a more favorable balance in its cross-border financial…