Philippine Standard time

What’s in for the Economy in 1998? An Outlook for the Philippines


As a lead story of DRN’s issue, Dr. Josef Yap provides an economic forecast for the rest of the year. The author claims that the fiscal sector is one pressure point that must be regularly monitored since it is highly sensitive to financial crisis. Despite the decline in the condition of various sectors especially those of agriculture, fishery and forestry, stability in growth is foreseen in the coming months.

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