THE COUNTRY is still on track to meet the government’s gross domestic product (GDP) growth targets for this year and the next, the Department of Finance and Department of Budget and Management said.
“For growth, I think achievable, of course. This year, it may be nearer the lower end. For next year, it’s still achievable, 6.5%,” Finance Undersecretary and Chief Economist Domini S. Velasquez told reporters on the sidelines of the BusinessWorld Forecast 2025 forum on Tuesday.
The government is targeting 6-7% GDP growth this year and 6.5-7.5% expansion for 2025.
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