The Philippine Daily Inquirer-Jul 16

The Duterte administration has found itself receiving sustained flak for its seemingly shortsighted policies that have led to the higher prices of goods and services every Filipino household must contend with today. Indeed, while a substantial portion of the cost increases is caused by a factor beyond their control—international crude oil prices—the administration’s policymakers have basically amplified its effects with a broad tax hike package and the failure to temper inflationary effects with an early tightening of monetary policy.

Read more: http://opinion.inquirer.net/114640/surging-rice-prices#ixzz5Ll6f3NS7

First published in: The Philippine Daily Inquirer