To help speed up the sluggish recovery of the domestic manufacturing and foreign trade brought about by the country’s difficult battle against the COVID-19 pandemic, Congress must already pass long-delayed economic reforms, according to the Department of Finance (DOF). In an economic bulletin on Saturday, DOF Undersecretary and chief economist Gil Beltran said while the country’s manufacturing and external trade performance were improving as quarantine restrictions gradually eased, “recovery is not smooth.”
Beltran noted merchandise exports and imports remained in negative territory as of October, although not as bad as the 49.9-percent and 65.3-percent year-on-year declines, respecti…
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