1 week This is as normal as it’s going to get Manilatimes |Biz
On Thursday, the Financial Stability Coordination Council (FSCC) released its semi-annual Financial Stability Report, covering the second half of 2020. The report, which used to be published annually, is typically one of the murkiest, least consumer-friendly reports produced by the country’s economic managers, as it is written in Advanced Nerd. But if one can read it carefully and understand it, it provides some important and useful information about where the authorities think the economy is headed, and how they plan to get there. The key direct takeaway from the latest report is that the economy is undergoing a fundamental ... more