THE Department of Finance (DoF) has urged the next administration to continue and build on the outgoing administration's hard-won reforms in order to maintain economic development.
"The country shot the arrows of fiscal and monetary policies to fight against the deleterious economic effects of the pandemic and has strengthened the bow with structural reforms... The current headwinds (e.g., threats to food and energy security) notwithstanding, the incoming administration should follow through and build on the hard-earned reforms," it said in an economic bulletin released on Saturday.
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