Page 17 - வளர்ச்சி பட்ஜெட் ஒருங்கிணைப்பு குழு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Published May 18, 2021, 5:54 PM The Duterte administration’s economic team has lowered its growth assumption for this year due to the emergence of new coronavirus variants and the reimposition of strict lockdowns in Metro Manila and nearby provinces. The inter-agency Development Budget Coordination Committee (DBCC) slightly revised its gross domestic product (GDP) projection for 2021 to around 6.0 percent to 7.0 percent from an earlier range of 6.5 percent to 7.5 percent. Moreover, the economic managers estimated that GDP will return to a pre-pandemic level next year, growing at 7.0 percent to 9.0 percent. The range, however, is slower compared with the previous 8.0 percent to 10.0 percent projection. Between 2023 and 2024, the inter-agency a body that sets the macroeconomic targets of the country is forecasting that the local economy will grow by 6.0 percent to 7.0 percent.

Metro manilaPhilippines generalUnited arab emiratesBangko sentralWendele avisadoDevelopment budget coordination committeeNational capital regionமெட்ரோ மணிலாபிலிப்பைன்ஸ் ஜநரல்ஒன்றுபட்டது அரபு அமீரகங்கள்வளர்ச்சி பட்ஜெட் ஒருங்கிணைப்பு குழுதேசிய மூலதனம் பகுதி