We Are Not Complacent on Inflation, Says Philippine Finance Secretary

We Are Not Complacent on Inflation, Says Philippine Finance Secretary

Assessment

Interactive Video

Business, Architecture, Social Studies

University

Hard

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The video discusses the causes of inflation in the Philippines, including oil prices and peso depreciation. It highlights the central bank's efforts to control inflation through interest rate adjustments and food supply measures. Despite challenges like rising interest rates and trade issues, the Philippines anticipates economic growth driven by domestic investments and foreign direct investment. The video also covers the impact of global trade tensions on currency values and the country's strategies to maintain economic stability.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does foreign direct investment (FDI) play in the Philippines' economic growth?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How is the Philippine government preparing for a prolonged US-China trade war?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the 'build, build, build' program mentioned in the text?

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