Weak peso underscores need for fiscal consolidation, export growth – Balisacan

By Justine Irish D. Tabile, Senior Reporter The Philippines’ weak peso is being driven by renewed geopolitical uncertainty and widening trade and current account deficits, underscoring the need for fiscal consolidation and a shift toward export-led growth, Economy Secretary Arsenio M. Balisacan said. He said the renewed conflict involving Iran and the United States has […]