How COVID Is Transforming the Philippine Financial Sector

Before COVID, digital finance in the Philippines was seen as “nice to have.” It is now a “must have.” As a result, digital finance providers in the country are benefitting from more promising market prospects, in an environment where demand for financial services has been amplified by the population’s low penetration of financial services.

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Now Is the Time for the Philippines to Spend

Can the Philippines inject additional stimulus into the economy and still maintain fiscal sustainability? The answer is that the country needs to spend more to achieve strong economic recovery in the face of the coronavirus-led recession. And the good news is, it can afford to do so, and maintain debt sustainability at the same time.

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