Latest Breaking News On - 000 mt accelerate the release of sps clearances for chicken from national meat inspection service nmis cold storage warehouses to push up inventory pre pandemic level address temporary restraining order tro on sugar imports allow direct importation by industrial users implement 1 domestic import ratio expand sources wheateg - Page 1 : comparemela.com
Finance Secretary Carlos Dominguez III MANILA - Finance Secretary Carlos Dominguez III has assured President Rodrigo Duterte that the impact of the current Russia-Ukraine crisis on the Philippines would only be temporary, and a comprehensive set of measures are now being implemented to ease its impact on the economy and the people. Dominguez said that despite the negative repercussions of the crisis in the form of increased energy and food prices, he is confident that the government will be able to keep inflation within the target range of 2 to 4 percent and attain its goal of expanding the economy between 7 and 9 percent this year. "I would like to emphasize that we do not expect this crisis to last very long. However, there may be some lingering effects. We have seen similar crises in the past, such as in The Gulf War in 1990, the oil price shock of 2008, and also the first Russia-Ukraine conflict in 2014, and we have weathered all of these crises very well," Dominguez said