Philippines central bank to support infrastructure plan

Central Bank of the Philippines
Central Bank of the Philippines
Photo: Patrick Roque/Wikimedia Commons

The Philippine economy could navigate the less favourable external environment by investing in infrastructure, under Philippine president Rodrigo Duterte’s $180 billion ‘Build, Build, Build’ campaign, according to finance secretary Carlos Dominguez, speaking at the Economic and Infrastructure Forum in Manila today (July 1).

The Central Bank of the Philippines (BSP) has also stepped in to support the government’s plans. A deputy governor, speaking at the same event, said the central bank was

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