- Tensions between the U.S. and Iran are impacting oil flows, forcing Asia to rely on Middle Eastern imports, including considerations for the U.S. Strategic Petroleum Reserve.
- Due to the ongoing Middle East conflict, Egypt and the Philippines are facing major economic shocks caused by disruptions to global oil imports.
- Oil price shocks stemming from the Middle East conflict are now impacting the revenue collection strategy in the Philippines.
- Economic indicators show price growth linked to fuel and power costs, while government spending is reduced due to corruption fallout.
Collaboration between the Department of Agriculture and Philippine Statistics Authority improves data accuracy for policy.
1 report, 1 independent
Updated Jul 18
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What happened
Collaboration between the Department of Agriculture and Philippine Statistics Authority improves data accuracy for policy.