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flag The Philippines had a $373 million payments deficit in January 2026, but reserves rose to $112.6 billion amid stronger foreign investment.

flag The Philippines recorded a $373 million balance of payments deficit in January 2026, a significant improvement from previous months and a sharp drop from the same period last year. flag Despite the deficit, gross international reserves rose to $112.6 billion, enough to cover 7.5 months of imports and 4.1 times short-term external debt. flag The increase reflects stronger foreign investment, including a rise in net foreign direct investment and heightened investor activity in local markets.

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