ECONOMIC headwinds now seem to be a permanent trait of the global economy, but the central bank noted the Philippines has erected enough buffers to stave off its impact on the domestic production and consumption of goods and services.

The engines of Philippine economic growth are in good shape to create value, while other emerging markets experience moderation in growth and falter from global headwinds, Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. said.

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