This is the last thing the @BangkoSentral should be considering right now.
What we have is a supply-driven crisis brought about by the Iran War that exposed PH over dependence on imported energy.
Raising rates will only bring up cost of borrowing and eat into the average household spending at a time when rising costs hurt disposable income.
Keep rates stable. Ensure farm to market roads are well maintained. Fix the worst traffic in the world. Arrest drivers who disregard traffic rules and block roadways. At least 20% of the cars and trucks on the streets are not roadworthy.
Find ways to ensure the nation gets adequate supplies of energy from its allies in Asia and the West.
And FFS, start building a strategic petroleum reserve.
WTS LFB
SEVENTEEN WORLD TOUR NEW_ IN BULACAN
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wts lfb svt ph
isa ang mga kpop stans na may malaking binabayarang tax dahil sa pag-attend ng concerts at pagbili ng mga merch, kaya sana makiisa tayo sa pagtindig laban sa mga korap!! 'wag matakot bumoses at gamitin natin ang platform natin to spread whats happening rn!!
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