Philippine Economy’s Sustained Recovery Hinges on Faster Vaccination; Continued Fiscal Support

The Philippine economy is recovering from its recession in 2020, but given the resurgence in COVID-19 infections, economic recovery will only be sustained through a quicker rollout of vaccinations, the implementation of targeted containment measures, as well and continued injection of stimulus.

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Watch: AMRO sees Philippine economy growing 7.4% this year, 7.8% in 2022

In an interview with ABS-CBN, AMRO Chief Economist Dr Hoe Ee Khor discusses the Philippines’ economic outlook and recovery path, as well as financial risks and the central bank’s policy options as the country is battling the COVID-19 pandemic.

Continue ReadingWatch: AMRO sees Philippine economy growing 7.4% this year, 7.8% in 2022