Govt ready for El Niño impact on economy'

by Catherine S. Valente - Claire Bernadette Mondares

Jul 09, 2023 12:27 am

THE government is ready for the negative effects of the El Niño phenomenon on the economy, the National Economic and Development Authority (NEDA) assured the public on Saturday.

Speaking at the Saturday News Forum in Quezon City, NEDA Undersecretary Rosemarie Edillon said, however, that the impact of the long-dry spell this year, particularly on inflation, was not expected to be significant but might be felt starting in 2024.

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