First Cabinet meeting: Marcos tackles economy, ‘disagrees’ with inflation
First Cabinet meeting: Marcos tackles economy, ‘disagrees’ with inflation
The President and his Cabinet discuss the economy and a return to in-person classes, even as he has yet to name appointees for key Cabinet posts, including the health department
By Bea Cupin
Rappler
MANILA, Philippines – Following a four-hour meeting where the country’s economic team “put out [its] general principles” and the top topic was implementing face-to-face classes, President Ferdinand Marcos Jr. said that he “disagreed” with the country’s inflation rate.
Hours before that Cabinet meeting, the Philippine Statistics Authority announced that the country’s inflation rate jumped to 6.1% in June, the highest since 2018.
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