ECONOMIC MANAGERS on Thursday retained their growth targets for this year until 2028 despite external headwinds.
The Development Budget Coordination Committee (DBCC), which sets official macroeconomic assumptions and fiscal program, maintained its Philippine gross domestic product (GDP) growth target at 6-7% this year, and at 6.5-7.5% in 2025.
“Despite external headwinds, we are expected to continue surpassing most emerging economies,” Budget Secretary Amenah F. Pangandaman, who heads the DBCC, told the briefing.
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