Philippine output gap seen highest in Southeast Asia

Published by
Philippine Star

Louise Maureen Simeon – The Philippine Star January 21, 2022 | 12:00am MANILA, Philippines — The Philippines will continue to have the biggest output gap in Southeast Asia amid a still fragile recovery and continued risks due to the emergence of new coronavirus variants. During the release of preliminary results of the COVID-19 Country Assessment Report for Southeast Asia, the Asian Development Bank (ADB) said output levels in the region last year and this year would remain below pre-COVID levels. ADB senior economist James Villafuerte said Southeast Asia’s forecast output level would still be…

Read More