Economics
Mountain of Philippine Economic Challenges Awaits Marcos Team
- ‘Bongbong’ Marcos to face inflation, revenue challenges ahead
- Infrastructure plans face test of weak revenues, rating risk
This article is for subscribers only.
After his landslide presidential election win, the Philippines’ Ferdinand “Bongbong” Marcos Jr. now faces soaring inflation and limited revenue to achieve his ambitious infrastructure goals.
Several names have been floated as potential appointees to his economic team when the new administration takes power next month. The late dictator’s son is building his cabinet amid lingering questions on his family’s wealth and tax liabilities.