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Manila Times Business

Growth targets revised; no details yet

MACROECONOMIC targets have been revised by the interagency Development Budget Coordination Committee (DBCC) to take into account the impact of the war in the Middle East, a senior planning official said. The DBCC, which reviews, approves and sets macroeconomic targets, revenue projections, and the national budget ceiling, met last month to consider the latest developments in the Middle East war and its impact on domestic inflation and growth. Socioeconomic Planning Undersecretary Rosemarie Edill

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Source: manilatimes.net

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