The Central Bank of the Philippines has launched the book Current Account Dynamics and the Philippine Economy: Developments and Prospects, which examines how the Philippines’ current account has evolved and what those changes mean for long term economic growth. Governor Eli M. Remolona, Jr. presented the publication as a resource for evidence-based, forward-looking policy decisions on the country’s external position. The research places current account developments in the wider context of industrialization, fiscal strategy, trade liberalization, and investment policy. It treats the current account as covering foreign currency flows linked to trade in goods and services, remittances, offshore investment profits, grants, and donations, and connects those flows to the country’s external position, foreign exchange movements, inflation pressures, and broader economic conditions.
Central Bank of the Philippines2026-06-09
Central Bank of the Philippines launches research book on current account trends and policy implications
The Central Bank of the Philippines has published a book, Current Account Dynamics and the Philippine Economy: Developments and Prospects, analysing the evolution of the country’s current account and its implications for long-term growth. The research links foreign currency flows from trade, remittances, investment income, grants, and donations to the Philippines’ external position, foreign exchange movements, inflation pressures, and broader conditions to support evidence-based, forward-looking policy decisions.