Philippine Finance Chief Says Inflation 'Absolutely' Under Control

Philippine Finance Chief Says Inflation 'Absolutely' Under Control

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the current economic situation, focusing on inflation rates, currency depreciation, and trade deficits. It highlights the Central Bank's projections and the impact of global fuel prices on inflation. The discussion also covers the benefits and drawbacks of a weak currency, particularly for overseas workers and the BPO industry. The video explains the government's debt strategy, emphasizing tax reforms and increased revenue. Finally, it addresses market reactions to potential trade wars and the importance of managing economic changes gradually.

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10 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the inflation rate for the first four months mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the Central Bank's target inflation rate indicate?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the projected inflation rate for the next year according to the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the inflation rate as discussed in the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential benefits of a weak currency as discussed in the text?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the depreciation of the Filipino peso affect remittances?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the trade deficit mentioned in the context of the economy?

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OFF

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