7 months Economy likely grew ‘above 6%’ in Q1 MB |Biz
By Chino S. Leyco The Philippine economy likely grew slightly above the lower end of the administration’s target in the first three-months of the year after the national government operated under a re-enacted budget, the National Economic and Development Authority (NEDA) said yesterday. Ernesto M. Pernia Socioeconomic Planning Secretary Ernesto M. Pernia said the country’s Gross Domestic Product (GDP) may have grown by above 6.0 percent in January to March this year, within President Duterte’s downward adjusted target of 6.0 percent to 7.0 percent for this year. “More on the lower end,” Pernia told reporters when asked about his assessment ... more