MANILA (AFX-ASIA) – The economy should be able to weather the current spike in crude oil prices provided they do not rise above 30 usd a barrel for any significant period, Economic Planning Secretary Dante Canlas said. “We’re maintaining the GDP target of 4 to 4.5% this year, even if we reach the worst case…
PHILIPPINES: Economy able to weather oil spike Ð Canlas
Posted on September 5, 2002 by EnergyAsia