Typhoons dim hopes of 7% GDP growth

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THE Cabinet-level Development Budget Coordination Committee (DBCC) tempered its growth outlook for the country after a series of typhoons battered the Philippines in recent months.

We thought it best to widen the band to a low of 6 percent to a high of 8 percent,” Recto said.

Revenues generated as of end-October rose by 16.8 percent to P3.77 trillion.

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Article Details

Author / Journalist: Reine Juvierre S. Alberto

Category: BusinessStartups

Markets: Philippines

Topics: Economic Trillion Inflation Peso Percent Quarter Growth Reforms Dbcc Outlook Government

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-02 @ 16:08:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 690 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 24048233

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Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

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News Last Updated: 17 hours ago

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