MANILA (Philippine Daily Inquirer/Asia News Network): The Philippines’ recovery from the deepest output contraction since World War II is being supported by sound fundamentals, which pave the way for a much stronger economy after the pandemic, according to the country’s chief monetary regulator.
Speaking before Japanese investors in a recent online forum, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno pointed to the 11.8-per cent growth in the second quarter as evidence of this.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!