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Published May 13, 2021, 7:20 AM The Duterte administration will revisit its medium-term macroeconomic targets and fiscal program next week following a worse-than-expected economic performance in the first-quarter. In a media advisory released by the Department of Budget and Management (DBM), it said the inter-agency Development Budget Coordination Committee (DBCC) will hold its 179th meeting on Tuesday, May 18, 2021. The DBCC, which the DBM chairs, will release “revised” medium-term macroeconomic assumptions and fiscal program after the meeting, the advisory stated. The inter-agency body, which sets the macroeconomic targets of the country, is made up of the DBM, Department of Finance (DOF), and the National Economic and Development Authority (NEDA).

Karl kendrickt chuaNational economicPhilippine statistics authorityDepartment of financeDevelopment budget coordination committeeDepartment of budgetDevelopment authorityNational capital regionSocioeconomic planning secretary karl kendrickதேசிய பொருளாதாரபிலிப்பைன் புள்ளிவிவரங்கள் அதிகாரம்துறை ஆஃப் நிதிவளர்ச்சி பட்ஜெட் ஒருங்கிணைப்பு குழுதுறை ஆஃப் பட்ஜெட்வளர்ச்சி அதிகாரம்தேசிய மூலதனம் பகுதி