The Philippines’ domestic-oriented economy is expected to shield the country from the full impact of global slowdowns, Bangko Sentral ng Pilipinas (BSP) Deputy Governor Zeno Ronald R. Abenoja said.
Speaking at the BSP-Asian Development Bank (ADB) Association of Southeast Asian Nations (ASEAN) Economic Outlook webinar on Tuesday, Nov. 4, Abenoja highlighted that the central bank is closely monitoring global developments, including shifts in United States (US) trade policies and tariffs that could affect the Philippine economy.
On trade itself, Abenoja said, “Here the main impact will be on the s
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