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business.inquirer.net With high interest rates, PH may see rising bad debts

Higher interest rates---monetary authorities' response to last year's elevated inflation---may increase bad loans in the Philippines, UK-based Oxford Economics said.

 

"Rising bad bank loans are a risk in several emerging markets (EM) where interest rates have risen steeply in the past year, such as Pakistan, Turkey, Argentina, the Philippines and Indonesia," Oxford Economics lead economist Adam…
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