BusinessWorld E-paper
April 5, 2024
THE GOVERNMENT of President Ferdinand R. Marcos, Jr. cut economic growth targets this year and in 2025 as elevated prices and high-interest rates crimp household spending.
The economy is now expected to grow by 6-7% this year from the 6.5-7.5% estimate given in December, National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan told a news briefing at the Presidential Palace on Thursday.
