‘PH economy not overheating’

Jul 03, 2017 1:53 am

The Philippine economy is far from overheating, the Department of Finance (DoF) said, refuting Moody Investors Service’s warning that rising inflation and a current account deficit are signaling such risk.

“There is ample evidence that the economy is far from overheating,” Finance Secretary Carlos Dominguez 3rd said over the weekend.

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