Philippine Palace Addresses Inflation and Destabilization Rumors
The Philippine Palace announced that its uplift strategy has contributed to a decrease in the inflation rate. Concurrently, the Palace dismissed rumors of destabilization efforts planned for June 12.
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Palace: Uplift strategy helps bring down inflation rate
MANILA, Philippines — Malacañang on Friday said the easing of inflation in May proves that the government’s measures under the Unified Package for Livelihoods, Industry, Food, and Transport (Uplift) strategy are gradually producing results. The country’s inflation eased to 6.8 percent in May from 7.2 percent in April, as transport and food prices softened amid the
By dsanchez
Read full article →Palace dismisses June 12 destabilization rumors
Malacañang dismissed yesterday fresh rumors of a destabilization plot targeting the government on Independence Day, even as it warned the public against “forces of darkness” seeking to sow chaos in the country.
By Helen Flores
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