PH lowers growth target for 2024
MANILA, Philippines: The Development Budget Coordination Committee (DBCC) lowered the country’s gross domestic product growth (GDP) target for 2024 to between 6 percent and 7 percent from the previous 6.5 percent and 7.5 percent, National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan announced on Thursday. At a Palace press conference, Balisacan said President Ferdinand […]
Tomas Kauer - News Moderator 
MANILA, Philippines: The Development Budget Coordination Committee (DBCC) lowered the country’s gross domestic product growth (GDP) target for 2024 to between 6 percent and 7 percent from the previous 6.5 percent and 7.5 percent, National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan announced on Thursday.
At a Palace press conference, Balisacan said President Ferdinand Marcos Jr. approved the revised GDP growth target for 2024 during the 16th Cabinet Meeting in Malacañang.
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