Cost of Living

Stagflation warnings and economic crisis management strategies

The article examines stagflation warnings and economic challenges facing the Philippines, including peso depreciation beyond P60 to the US dollar and rising import costs, while analyzing lessons from past economic crises in the 1980s, 1990s, and 2020-2022. The author recommends strengthening local food production, reducing fuel dependence through energy electrification, and promoting local manufacturing to build economic resilience and manage the current account deficit.