TITLE

Philippines: Rate Cut Likely On Falling Inflation, Stagnant Growth

PUB. DATE
January 2012
SOURCE
Emerging Markets Monitor;1/16/2012, Vol. 17 Issue 39, p10
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article examines the economic development in the Philippines. It claims that the substantial drop in inflation in the country in December 2011 to 4.2% from 4.8% is a positive news for the Bangko Sentral ng Pilipinas (BSP). It examines the effect of the 1.7 billion dollar stimulus package that was signed into law by President Benigno Aquino III on the economy.
ACCESSION #
71426557

 

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