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Rates to stay higher for longer — IMF - BusinessWorld Online

Rates to stay higher for longer — IMF - BusinessWorld Online
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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'Philippines risks credit downgrade if MUP pension not resolved'

'Philippines risks credit downgrade if MUP pension not resolved'
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As budget defense opens, economic team dared | Jovee Marie de la Cruz

‘AS the poor say they cannot eat growth,” the leadership of the House of Representatives wants President Marcos’ economic managers to explain how the nation could sustain its economic growth and how such growth could benefit people, particularly the poor, while defending the P5.768-trillion national budget for 2024. House Speaker…

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Borrowings halved to P175 billion last month

The government slashed its borrowings by nearly 50 percent to P175 billion in July as the economy continues to recover from the pandemic.

Manila , Philippines , Benjamin-diokno , Development-budget-coordination-committee-on , Bureau-of-the-treasury , Finance-secretary-benjamin-diokno ,

Fitch: PHL on track for gradual fiscal consolidation

INTERNATIONAL think tank Fitch Solutions said on Wednesday that the country is “on track” for a gradual fiscal consolidation over the coming years, following the recent release of the country’s National Budget Memorandum (NBM) earlier this month. In a research analysis, Fitch Solutions said it now expects the country’s budget…

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Peso strengthens vs dollar as economic managers raise growth target for 2021

Peso strengthens vs dollar as economic managers raise growth target for 2021
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Rates of T-bills, T-bonds to rise as gov't cuts GDP goal

Rates of T-bills, T-bonds to rise as gov't cuts GDP goal
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Peso weakens vs dollar on downgraded GDP growth goal, Fed minutes

Peso weakens vs dollar on downgraded GDP growth goal, Fed minutes
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Duterte's economic team cuts 2021 growth forecast anew with return of lockdowns

The Bangko Sentral ng Pilipinas said the recent revision means the path to a full rebound “remains bumpy,” adding that it will keep doing what is needed “until there is hard evidence of full recovery.”

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