DoF, BSP confident on inflation target

By Mayvelin U. Caraballo

Feb 19, 2022 12:19 am

FINANCE and central bank officials are confident in hitting the country's inflation target despite the rising oil prices.

During a CNBC interview on Friday, Finance Secretary Carlos Dominguez 3rd was asked how hard it would be for state finances if global oil prices hit $100 per barrel (bbl) and he agreed that such a scenario 'definitely' 'have quite a bit of pressure.'

Finance Secretary Carlos Dominguez 3rd. Contributed Photo

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

'Choppier seas' ahead for PH

Plastic banknote series to be launched next year

Investment approvals near BOI's 2024 target

OECD airs warning weeks before Trump return

China responds to US crackdown, bans exports of critical minerals

DA hikes Rice Fund cash aid for farmers

Power co-ops to get LGU tax exemptions