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.
Diese Geschichte stammt aus der September 12, 2024-Ausgabe von The Philippine Star.
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Diese Geschichte stammt aus der September 12, 2024-Ausgabe von The Philippine Star.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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