THE DEVELOPMENT Budget Coordination Committee (DBCC) may need to adjust its growth and fiscal targets to be “more realistic,” Department of Finance (DoF) Secretary Ralph G. Recto said last week.
“We’re discussing that right now because I think we have to come up with more realistic targets,” Mr. Recto told reporters on the sidelines of an event on Thursday.
“Don’t you think we need some adjustment there? I think we need to. Something more realistic but still high for 2024 and beyond,” he added.