Cambodia to post surplus, Philippines to see 3.4% deficit in 2025: IMF
In the ASEAN region, the IMF recently projected a relatively rare current account surplus of 2.3 per cent of GDP for Cambodia this year, reversing a deficit of 1.7 per cent last year. But this surplus is forecast to drop to 1.1 per cent of GDP next year. The Philippines is forecast to suffer the biggest deficit among ASEAN economies cent, followed by Myanmar, Indonesia and Laos.
In the ASEAN region, the IMF recently projected a relatively rare current account surplus of 2.3 per cent of GDP for Cambodia this year, reversing a deficit of 1.7 per cent last year.
But this surplus is forecast to drop to 1.1 per cent of GDP next year.
The Philippines is forecast to suffer the biggest deficit among ASEAN economies cent, followed by Myanmar, Indonesia and Laos.
