FastSaying
We are a bit cautious about the two-percentage-point increase because of the risks - primarily political risks - that it might not be implemented. One thing we learned from this is that there is always a potential for delays in its implementation.
James McCormack
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While the e-VAT and the impeachment issue have both been resolved favorably in recent days, we are maintaining our negative outlook on the Philippines' ratings.
— James McCormack
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There is a question about how long you can do that, but it is not as if money supply is growing too fast.
— James McCormack
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The reserves are more than adequate. Maybe it is becoming excessive.
— James McCormack
We will wait until taxes are actually implemented, that revenue is being collected. We will look at whether or not the tax rate will increase, but we assume it will.
— James McCormack
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The combined growth and external sector strengths allow Chinese policy makers to better address the country's structural economic challenges, and they have been taking the opportunity to do so.
— James McCormack
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