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PHILIPPINES: Consumers may continue to feel under the weather

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Confidence is weak in the government’s immediate ability to manage the public health risks.
The only government stimulus program so far is equal to 1.1% of GDP, with the administration’s economic team resisting a legislative initiative for an additional 7% spending plan.
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PHILIPPINES: Consumers may continue to feel under the weather

Confidence is weak in the government’s immediate ability to manage the public health risks. The only government stimulus program so far is equal to