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Philippines sees Ukraine conflict having ‘temporary’ impact on economy -Breaking

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© Reuters. FILEPHOTO: An employee installs steel rods in a Paranaque, Philippines construction site. This was May 29, 2018, metro Manila. REUTERS/Romeo Ranoco

MANILA, (Reuters) – The Philippines’ impact on Russia-Ukraine conflicts is likely to be temporary according to Economic Planning Secretary Karl Chua at a press briefing Tuesday.

We have the potential to expand our domestic market. He said that although we face global headwinds, our domestic economy is strong enough to withstand them.

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