More easing likely as PH economy set to ‘struggle,’ says think tank

A tight fiscal policy and weakening flows of remittances would weigh on the economy this year, although additional easing moves by the Bangko Sentral ng Pilipinas (BSP) and softening inflation could help buttress growth, Capital Economics said. In a commentary, the London-based think tank said the country’s gross domestic product (GDP) is expected to expand
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