Manila Times Business
Guinigundo: Economy could end up as ‘collateral damage’
POLITICAL tensions and growing instability in the Senate could weaken investor confidence and threaten the country’s long-term economic prospects, a former Bangko Sentral ng Pilipinas (BSP) official said. “The Philippine economy could become the largest collateral damage,” GlobalSource Partners economist and former BSP deputy governor Diwa Guinigundo said in a commentary on Wednesday. He expressed concern over recent developments in the Senate, which he said reflected deeper in
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Source: manilatimes.net
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