US think tank: PH among emerging markets fiscally prudent on COVID-19 response

US think tank: PH among emerging markets fiscally prudent on COVID-19 response

The Philippines can still afford to spend more to fight the health and socioeconomic crises caused by COVID-19, but the Washington-based Institute of International Finance (IIF) expects emerging markets to hold onto their money tightly as the pandemic rages. Across emerging markets, the Philippines was among economies that would experience “deep recessions” this year, alongside […]