(ABS-CBN)
S&P Global Ratings flags high inflation as key risk for PH economic recovery
The Philippine economic recovery post-COVID is expected to start off with a near 10 percent rebound in GDP growth this year, but there are few roadblocks to growth.
According to credit ratings agency S&P Global Ratings, there are still “relatively broad COVID-19 epidemic in the Philippines which itself can, and will also have and continue to, have a cooling impact on economic activity.”
