THE Cabinet-level Development Budget Coordination Committee (DBCC) is set to meet Wednesday (August 18) to revisit all of its macroeconomic projections to consider the impact of the reimposition of Enhanced Community Quarantine (ECQ) in Metro Manila. Finance Secretary Carlos G. Dominguez III on Tuesday told finance reporters that they will…
The Bangko Sentral ng Pilipinas said the recent revision means the path to a full rebound “remains bumpy,” adding that it will keep doing what is needed “until there is hard evidence of full recovery.”
The Delta variant-driven lockdowns imposed to curb the spread of the virus triggered the Development Budget Coordination Committee (DBCC) to significantly slash its economic growth outlook for the year. media[27117] The DBCC, an inter-agency body tasked to set the country’s macroeconomic targe