The Philippines must step up efforts to reduce its persistent budget deficits and consider paring back fiscal incentives to help it sustain its economic momentum, according to the Organisation for ...
MANILA, Philippines – Fiscal tightening is starting to weigh on the Philippines’ growth prospects after a steep contraction in government spending at the start of the year pointed to weaker economic ...
This paper analyzes the impact of fiscal policy on inflation expectations across a large sample of advanced economies (AEs) and emerging market economies (EMs). We identify episodes of significant ...