RESTRICTIVE monetary policy continues to limit investment momentum and the Philippines will again likely miss its growth targets, the research unit of Metropolitan Bank & Trust Co. (Metrobank) said.
RESTRICTIVE monetary policy continues to limit investment momentum and the Philippines will again likely miss its growth targets, the research unit of Metropolitan Bank & Trust Co. said.'We continue to believe that the country's economic growth should remain robust, albeit at a moderated pace,' Metrobank Research said in a commentary.
6 percent and 3.3-3.7 percent.Lower rice prices 'should help keep overall prices more stable,' it said, adding that 'we agree with the Bangko Sentral ng Pilipinas that inflation will stay within acceptable levels this year and next.'It warned of looming challenges, such as a strong La Niña weather event that could affect crop output and prices. Additionally, geopolitical events could disrupt supply chains and drive prices up.
PH To Miss 2024 2025 Growth Goals
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