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BusinessWorld E-paper

January 14, 2022

THE ECONOMY is still wellplaced to grow within target this year as the Omicron variant is expected to be a risk to the economic outlook in the short term, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno.

“Our position is that, despite the recent variant of the virus, we will hit our projected growth of 7-9%. So the variant, as it turned out, is mild and less lethal,” Mr. Diokno said at the 2022 virtual inaugural meeting of the Management Association of the Philippines.

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