Businesses were still bullish about their prospects despite headwinds that continue to test the Philippine economy, according to the Bangko Sentral ng Pilipinas.
The reforms would still need to pass scrutiny in both houses of Congress, but Diokno said they’ve already talked to some legislators that will push for these reforms.
In an emailed commentary on Monday, Fitch Solutions made the case for their outlook as the threat of rising inflation will loom large in BSP s upcoming decision.