10 months ‘6% GDP growth goal still doable’ Manilatimes |Biz
THE government might be able to achieve the lower end of its economic growth target of between 6.0 percent and 7.0 percent for this year once government spending accelerates in the second half, according to an economist from the Rizal Commercial Banking Corp. (RCBC). “To achieve the minimum target of 6 percent for GDP (gross domestic product) in 2019, GDP growth should be at least 6.4 percent in 3Q (third quarter) and 4Q (fourth quarter) of 2019,” Michael L. Ricafort, RCBC head of economics and industry research division and corporate planning group, told The Manila Times. “[The] 6-percent GDP ... more