MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) may factor in the government’s widening corruption probe into flood control projects when it meets to set policy this week. The scandal risks slowing public spending and weighing on economic growth, according to Nomura.
In a note to clients, the Japanese investment bank said the…
https://business.inquirer.net/551046/nomura-rate-cut-likely-as-bsp-may-weigh-flood-probe-fallout