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Philippines sees Ukraine conflict having ‘temporary’ impact on economy
March 15, 2022
By Reuters
By Reuters
MANILA, March 15 (Reuters) – The impact of the Russia-Ukraine conflict on the Philippine economy is expected to be temporary, Economic Planning Secretary Karl Chua told a media briefing on Tuesday.
“We have a very strong potential to grow in the domestic front. Unfortunately we are facing global headwinds…but we have a very strong domestic economy that can withstand that,” he said.
(Reporting by Enrico Dela Cruz
Editing by Ed Davies)
This article originally appeared on reuters.com