Logo

31 日 マニラ

31°C26°C
両替レート
¥10,000=P3,830
$100=P5,715

31 日 マニラ

31°C26°C
両替レート
¥10,000=P3,830
$100=P5,715

Philippines' 2024 growth target revised to 6%-6.5% from 6%-7%: DBCC

2024/12/3 英字

6 percent to 7 percent, the Development Budget Coordinating Committee (DBCC) said Monday.

The revision was done ''to reflect emerging domestic and global developments,'' a DBCC statement said.

Third quarter growth came in at 5.2 percent, the lowest in a year, which placed nine-month average at 5.8%.

The DBCC said it expects growth ''to bounce back during the last quarter, given the anticipated increase in holiday spending, continued disaster recovery efforts, low inflation and a robust labor market.''

Six typhoons battered the Philippines in the third quarter and part of the fourth quarter, zeroing mostly in the north.

Inflation was set at 3.1 percent to 3.3 percent for the year from June's forecast of 3 percent to 4 percent.

The DBCC said this is ''significantly lower'' than the 2023 average of six percent.

The new inflation forecast '' is supported by whole-of-government efforts such as the reduction in rice import tariffs, increased agricultural production and other broad-based measures along with favorable supply conditions.'' DMS

おすすめ記事

Two to four stations of Metro Manila Subway complete by 2028: Dizon

2025/7/31 英字 無料
無料

AFP strengthens military partnership in courtesy call with JSDF leadership

2025/7/31 英字 無料
無料

English Articles

2025/7/31 英字 無料
無料

Man accused of fooling establishments in Metro Manila arrested in Quezon City

2025/7/31 英字 無料
無料

Marcos orders all Dalian trains deployed for MRT-3

2025/7/31 英字 無料
無料

Recovery of Japanese war dead ''continuous'': Remulla

2025/7/30 英字 無料
無料