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Palace confident economy will reach growth target for 2021 - Vimarsana News

Palace confident economy will reach growth target for 2021

MANILA - Despite the looming threat of the Omicron variant of the coronavirus disease 2019 (Covid-19), Malacanang on Tuesday said it is confident that the Philippines could still achieve its target of 4 percent to 5 percent economic growth by the end of 2021. In August, the government slashed its economic growth target to 4 percent to 5 percent from the previous 6 percent to 7 percent to reflect stricter mobility restrictions declared to prevent the spread of the Delta variant of Covid-19. "Opo, nagsalita na rin po ang NEDA (National Economic and Development Authority) at ang ating mga ec...