PH at bottom of Oxford scarring scorecard

By Anna Leah E. Gonzales

Jul 29, 2021 1:30 am

United Kingdom think tank Oxford Economics said the Philippines is at the bottom of its economic scarring scorecard as the country is expected to experience large economic loss due to the decline in investments and elevated unemployment rates.

In a research briefing released on Tuesday, Oxford Economics said the Philippines' scarring score was -1.2, the lowest recorded among the Asia Pacific region.

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