The fast rising price of ‘Dutertenomics’

Philippine inflation hit a five-year high in July, a galloping trend officials blame on high global oil prices but others pin on a misguided tax policy

Manila, August 9, 2018 6:33 PM (UTC+8)
Philippine President Rodrigo Duterte holds a wad of peso bills on June 20, 2017. Photo: AFP/Ted Aljibe
Philippine President Rodrigo Duterte holds a wad of peso bills on June 20, 2017. Photo: AFP/Ted Aljibe
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