Diokno: Philippines Central Bank Likely to Pause on Rate

What is the primary concern of most countries regarding the current economic environment?

• Currency devaluation

• Trade deficits

• Embedded inflation

• High unemployment rates

What is the forecasted inflation rate for the Philippines by the fourth quarter of this year?

• 4 to 6%

• 3 to 5%

• 1 to 3%

• 2 to 4%

Under what condition might the BSP consider cutting interest rates?

• A significant drop in inflation

• A decrease in foreign investment

• An increase in GDP growth

• A rise in unemployment

What was the GDP growth rate for the Philippines in the first quarter?

• 5.4%

• 6.4%

• 7.4%

• 8.4%

What is the main driver of the Philippine economy according to the transcript?

• Export growth

• Foreign investment

• Domestic demand

• Government spending