DOF PR
Finance Secretary Carlos Dominguez III said Wednesday that swift action to preserve the asset quality of banking institutions will ensure the continued strength of the financial sector, which, in turn,...
BSP PR
The 16.5% contraction of Q2 GDP does not mean that the Philippine economy is structurally weak. It is inappropriate to compare the Q2 performance of the economy with other crises...
DOF PR
The proposed P180 billion economic stimulus plan that incorporates around P40 billion in tax credits to the private sector has already taken into account the deep contraction of the economy...
Following the onslaught of the COVID-19 pandemic that heavily affected the world economy due to the responses of different states to the virus and the implementation of lockdowns and community quarantines,...
While we understand that the decrease in our gross domestic product growth rate is a result of the enhanced community quarantine (ECQ)/modified enhanced community quarantine (MECQ), we are concerned by the...
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The gradual opening of the economy during the implementation of general community quarantine has slightly accelerated the country’s inflation rate for the month of July.
The Philippine Statistics Authority (PSA) reported on...
