Growth on target this year, says BSP
The Philippine Star|September 12, 2024
The Philippine economy may grow within the six to seven percent target for this year, but it could fall below the targets set for 2025 and 2026 due to the negative impact of previous rate hikes on demand, according to the Bangko Sentral ng Pilipinas BSP).
KEISHA TA-ASAN

In its August Monetary Policy Report, the BSP said gross domestic product (GDP) growth could fall below the 6.5 to 7.5 percent and 6.5 to eight percent targets for 2025 and 2026, respectively.

“Growth prospects are relatively stable for the rest of the year, driven by robust construction spending and the timely implementation and expanded coverage of various government programs,” the BSP said.

The economy is also on track to grow “near potential,” as the overall balance of demand and supply conditions indicated limited demand-based inflationary pressures over the coming years.

هذه القصة مأخوذة من طبعة September 12, 2024 من The Philippine Star.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة September 12, 2024 من The Philippine Star.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE PHILIPPINE STAR مشاهدة الكل
The Philippine Star

8 Party-List Groups Shine in Mock Polls

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The Philippine Star

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The Philippine Star

BBM, Sara trust ratings decline further - SWS

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Marcos signs P6.3-T budget, vetoes P194 B
The Philippine Star

Marcos signs P6.3-T budget, vetoes P194 B

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The Philippine Star

Pagasa: Expect rainy New Year

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The Philippine Star

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The Philippine Star

Welcome to Isla Pambata

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'Somewhere in France' exhibit at Alliance Française de Manille
The Philippine Star

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The Philippine Star

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Dennis Trillo donates 50th MMFF Best Actor winnings to PDLs
The Philippine Star

Dennis Trillo donates 50th MMFF Best Actor winnings to PDLs

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