AMRO downgrades already gloomy outlook for ASEAN+3 economies for 2020

AMRO downgrades already gloomy outlook for ASEAN+3 economies for 2020

S&P GLOBAL RATINGS expects the Philippine economy to shrink by 9.5% this year — the worst in Southeast Asia, due to the “stubbornly high” coronavirus disease 2019 (COVID-19) infections and low fiscal support. Read the full story.

AMRO downgrades already gloomy outlook for ASEAN+3 economies for 2020

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