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WASHINGTON – The IMF warned on Saturday that the already “serious” global economic impacts of the war in Ukraine would be “all the more devastating” should the conflict escalate. Even as forecasts remain subject to “extraordinary uncertainty,…
Our finance secretary is, according to this newspaper’s headline yesterday, searching for some P75 billion to fund vaccinations for 15 million young Filipinos age 12 to 17, plus booster shots for everyone—the 70 million adults that will…
US President Joe Biden was met with thunderous applause when he revealed that he would finance the cost of his $1.8 trillion American Families Plan announced three days ago, by making sure corporate America and the wealthiest…
MANILA, Philippines — Although it imposed the longest and most stringent COVID-19 lockdown in the Asia-Pacific region, the delay in mass testing and dodgy contact tracing failed to contain the spread of the deadly coronavirus in the…
Our country has experienced negative growth for two quarters in a row in 2020 and is now technically in recession. In the first quarter of 2020, we contracted by 0.7 percent, and for the second quarter, the…
No country in the world, both rich and poor, is immune from the onslaught that comes with the recent coronavirus outbreak that began in Wuhan, China, in December 2019. Known as SARS-Cov-2, the virus has already…
(Conclusion) WITH the Philippines recognized by the international financial organizations like the World Bank (WB) and the International Monetary Fund (IMF) as Asia’s rising tiger, a Bangko Sentral ng Pilipinas (BSP) official cites the factors that made…
This is not about forecasting on what most likely to be the annual growth rate of the Philippine economy in the next six years or until the next presidential election. To do so would be to belie…
The International Monetary Fund’s growth projections for the Philippines this year, although lower than the original targets and the government’s own projections, remain at a respectable level amid the global headwinds, Socio-Economic Planning Secretary Emmanuel F. Esguerra…
The Philippines is well-positioned to ride through the global economic slowdown but should maintain its prudent fiscal policy focusing on increased infrastructure spending to attract more investments, an International Monetary Fund (IMF) official said. Shanaka Jayanath Peiris,…
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