November 4, 2022
The people may find little relief and may be worse off should the Marcos Jr administration stick to its weak response of hiking interest rates and limiting subsidies to address high inflation.
November 6, 2018
Research group IBON said that the apparently uncontrollable inflation is fast becoming a flashpoint of the administration’s economic mismanagement. High inflation is combining with rising interest rates, slowing remittances and failing exports to dampen economic growth. The administration is desperate for a short-term infrastructure stimulus to compensate for these, said the group, but a major growth slowdown […]