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, Malaysia, the Philippines, and Thailand. The Global Economic Policy Uncertainty Index (GEPUI) is used for the global …
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policies, and lower financing costs. Historically, the Philippines have been exposed to considerable fiscal risks, in part … abated, they still remain sizeable in the Philippines. To improve its risk management, the government is pursuing a program …
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The economy expanded by 5.6 percent year-on-year in Q4 2023 as robust private consumption continued to fuel growth, while the recovery of tourism buoyed the expansion of services. The cumulative fiscal deficit declined in November 2023, while low external demand dampened goods exports, which...
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