
ADB slashes 2023 PH growth forecast to 5.7%
The Asian Development Bank (ADB) has slashed its 2023 Philippine economic growth projection from 6 percent to 5.7 percent due to inflation and global headwinds.
The Asian Development Bank (ADB) has slashed its 2023 Philippine economic growth projection from 6 percent to 5.7 percent due to inflation and global headwinds.
Speaker Ferdinand Martin Romualdez said reforms are in the pipeline to facilitate the growth of businesses, attract investments, and generate job opportunities for Filipinos.
Vice President Sara Duterte emphasized the importance of sports in the growth and development of Filipino youth.
The private sector is optimistic about President Ferdinand Marcos Jr.’s agenda for economic recovery and growth, former President Gloria Macapagal-Arroyo said.
President Ferdinand Marcos Jr. on Wednesday expressed confidence in the country’s future growth, noting that its current demographic sweet spot will be a major driver of rapid development.
Batangas Rep. Ralph Recto said the State of the Nation Address (SONA) of President Ferdinand Marcos Jr. is “data-driven SONA which paints the future using numbers.”
Senator Win Gatchalian is urging the next administration to address stunting among Filipino children, which has long-term consequences on their growth and development.
Presidential candidate Panfilo ‘Ping’ Lacson has assured the local government and residents of Romblon that its lucrative marble industry will enjoy a steady growth under his watch as he is determined to lead a nation free from corruption.
House Committee on Ways and Means chairperson and Albay Rep. Joey Salceda said the 43.8% growth in foreign direct investment (FDI) is good news since it demonstrates that the country is on its way to recovery.
President Rodrigo Duterte has blamed the Catholic Church for the continued growth in the country’s population, which has breached the 106-million mark.