The war between Israel and Hamas militants in Gaza has 'hardly any' impact on the Philippine economy, the NEDA said.
MANILA — The war between Israel and Hamas militants in Gaza has "hardly any" impact on the Philippine economy, the National Economic and Development Authority said on Friday.
"If it gets into the supply chain, affects global movements of trade... the effects can be even more. But as of this date, we don’t see any major impact in the economy," he told Palace reporters. The International Monetary Fund earlier said it was "very closely monitoring how the situation evolves" and how it is affecting oil markets.
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