Higher inflation and interest rates pose downside risks to Philippine economic growth and Moody’s Investors Service will have to take these into account when it reviews its country projections, a senior official of the debt watcher told The Manila Times.
“We have not yet updated our forecast but in the near term we are going to have start to consider the things that we did not assume when we made that forecast,” Moody’s Vice-President Christian de Guzman said in an interview.
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