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DBCC slashes '22 growth target to 7-8% due to external factors

Socioeconomic Planning Chief Karl Kendrick Chua (PNA file photo) MANILA - Economic managers on Tuesday slashed the government's 2022 growth target from 7-9 percent to 7-8 percent amidst the strong output in the first quarter of the year after taking into account the impact of external developments. In a virtual briefing after the 181st meeting of the inter-agency Development Budget and Coordination Committee (DBCC), National Economic and Development Authority (NEDA) Secretary Karl Kendrick C...
Karl Kendrick Chua Coordination Committee National Economic Department Of Budget Development Authority Federal Reserve

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