Philippine Economy Talk

**uls** · December 13th, 2018 07:24 PM

unlike before i usually post ahead of a BSP interest rate move

this time i deliberately did not post anything ahead coz i wasn't expecting the BSP to move

coz inflation rate has moderated

BSP interest rate decision this afternoon:

*BangkoSentral borrowing rate unchanged * 4.75%. BSP cites inflation slowdown and settle within band for 2019 & 2020

**Monseratto** · December 14th, 2018 08:16 PM

Spend more than what you can earn....

266-percent increase in the expected net dollar outflows from the $1.5-billion yearend deficit the central bank projected just six months ago which was, itself, already an adjusted projection from the original expectation of a $1-billion deficit for 2018.

This gap was attributed to the country’s yawning trade deficit as the economy imported more goods and services to help fuel the growing economy, amid only a modest performance turned in by the Philippines’ traditional dollar-earning exports.

PH’s 218 dollar outflows blow through BSP’s worst-case forecasts | Inquirer Business

**Monseratto** · December 14th, 2018 10:38 PM

Sent from my POCOPHONE F1 using Tapatalk

**Monseratto** · December 16th, 2018 05:13 PM

TRAIN 2 is on the way...

**Monseratto** · December 18th, 2018 01:02 PM

Peso forecast to further fall to 55:$1 in 2019 | Philstar.com

**CVT** · December 18th, 2018 01:22 PM

Originally Posted by Monseratto

TRAIN 2 is on the way...

Dapat ang ipinakita riyan iyong increase from where we are in 2018....

(Like AvFuel is 0, Gasoline is P2, Diesel is P2 etc.)

Anyway,- still is the 'truth' (total excise tax),- with a different spin....