Philenews

Measured, Targeted and Timely Measures

Published March 21, 2026, 08:17
Measured, Targeted and Timely Measures

Taking economic measures is deemed necessary due to the ongoing crisis in the Middle East, despite the fact that the situation has not reached catastrophic levels. The Ministry of Finance is developing scenarios to address the economic impacts, aiming to mitigate problems for households and businesses. The timing and type of measures are critical. The Fiscal Council highlights the risks that permeate all sectors of the economy and the intensifying inflationary pressures. It proposes support for low-income households, as they are more affected, and emphasizes the widening income gap. The increase in the gap between income groups is highlighted, which poses a threat to social cohesion. The Council emphasizes the need for temporary, targeted and clearly defined measures, warning of the risk of their permanent implementation, especially in the run-up to elections. The discussion of measures takes place at a time when the global economy is facing increased challenges and the need for careful planning and implementation is imperative.