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Philippine central bank says to continue supporting economy amid pandemic

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Published Mon, Apr 26, 2021 · 02:37 AM

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[MANILA] The Philippines' central bank will continue supporting the economy, which remains fundamentally sound despite the ongoing pandemic, its governor said on Monday.

The impact of the Covid-19 crisis on the economy will be transitory, central bank governor Benjamin Diokno told an economic forum. The Philippine economy slumped a record 9.6 per cent in 2020 because of lengthy and tight coronavirus curbs.

REUTERS

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