Expert sees growth slowdown

By Mayvelin U. Caraballo

Jul 30, 2022 12:17 am

RESUMING pre-pandemic economic growth will be difficult for the Philippines, and the new administration should address this challenge, a Nomura economist said.

At a forum organized by the University of the Philippines School of Economics Alumni Association, Euben Paracuelles, chief economist for Southeast Asia at Nomura, said the Philippines and Indonesia are the two Association of Southeast Asian Nations-5 economies about which he is more cautious when it comes to recovery.

Nomura chief economist for Southeast Asia, Euben Paracuelles, talks about the challenge faced by the administration of President Ferdinand ‘Bongbong’ Marcos Jr. on restoring the country’s economic growth to pre-pandemic levels. SCREENSHOT PHOTO

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