Marcos: Philippines to import more to deal with rising prices - BusinessWorld Online

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Marcos: Philippines to import more to deal with rising prices - BusinessWorld Online
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President Ferdinand R. Marcos, Jr. on Monday vowed to address rising food prices this year by importing more, saying the country’s record inflation keeps him up at night. READ:

By Kyle Aristophere T. AtienzaPresident Ferdinand R. Marcos, Jr. on Monday vowed to address rising food prices this year by importing more, saying the country’s record inflation keeps him up at night.

Mr. Marcos said being Agriculture chief is advantageous because it allows him to deal with issues at the agency directly. Mr. Marcos said rising debt should be outpaced by economic growth, which the World Bank expects to slow to 5.4% this year from an estimated 7.2% last year. “We will pull ourselves out of debt via growth.

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