MANILA, Philippines--The Bangko Sentral ng Pilipinas' (BSP) string of interest rate cuts this year augur well to economic growth, such that UK-based Oxford Economics expects the Philippine economy to expand the fastest among Asean-5 countries next year. "We forecast a growth turnaround in economies where policymakers have been quick to jump aboard the easing train and have a willingness to ease further, such as India and Philippines," Oxford Economics head of India and Southeast Asia economics Priyanka Kishore and head of Asia economics Louis Kuijs said in a Dec. 2 report titled "Asia-Pacific: Policy levers key to growth in 2020 amid slowing China." So far this ...
Keep on reading: Oxford Economics: Interest rate cuts to help PH grow fastest in Asean-5 in 2020
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