Middle East Conflict's Economic Impact on the Philippines

An analysis explores the potential economic repercussions of the Middle East conflict on the Philippines, outlining scenarios ranging from a sustained energy crisis and high inflation to a significant reduction in remittances from overseas Filipino workers.

6 Mar, 00:00 — 6 Mar, 00:00

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From best case to worst: How Middle East conflict will affect Philippine economy

Under a 'worst-case' scenario, the Philippines may suffer a double shock: a sustained energy crisis that causes high inflation, combined with a massive reduction in remittances due to the displacement of OFWs

By Den Somera

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Middle East Conflict's Economic Impact on the Philippines

Read at source (1 outlet)

From best case to worst: How Middle East conflict will affect Philippine economy

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