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BusinessWorld E-paper

July 19, 2022

THE PHILIPPINE ECONOMY will likely sustain its recovery momentum this year, but risks remain from elevated inflation and a possible reimposition of coronavirus disease 2019 (COVID -19) restrictions to curb a fresh surge, the central bank governor said.

Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla on Monday said the economy will continue to expand amid these “challenging times.”

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