Philippines: Impact of TRAIN on inflation below 1% – Nomura
MANILA, Philippines — The impact of the first package of the comprehensive tax reform program, signed by President Duterte last month, on inflation would be below one percent, enough to breach the upper end of the target set by the Bangko Sentral ng Pilipinas (BSP), according to Nomura Securities Co. Ltd. Euben Paracuelles, economist at […]
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