Trade chief: Recession won't affect PH greatly

By Ed Paolo Salting

Jan 16, 2023 1:12 am

THE Philippines will not be as affected as other countries should the world fall into a recession this year, Trade Secretary Alfredo Pascual claimed.

In an interview on radio station DZRH on Saturday, Pascual said a recession — where growth falls for at least two quarters — would not mean that the domestic economy would also contract.

Trade Secretary Alfredo Pascual. PHOTO BY JOHN RYAN BALDE

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