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Tag: Development Budget Coordinating Committee

Israel-Hamas war to hurt PH economy

The interagency Development Budget Coordinating Committee may lower its growth projections this year, taking into account the Israel-Hamas conflict that may affect world oil...

PH eyes upper-middle income status again

The inter-agency Development Budget Coordinating Committee on Friday kept the 2023 gross domestic product growth forecast at 6 percent to 7 percent on continued...

Economic managers trim 2023 GDP growth forecast

The inter-agency Development Budget Coordinating Committee on Monday maintained its 2022 gross domestic product growth forecast, but trimmed the target for next year in...

DBCC, ADB lift 2021 GDP growth forecast on improved vaccination

The inter-agency Development Budget Coordinating Committee on Tuesday upgraded the 2021 gross domestic product growth target to a range of 5 percent to 5.5...

‘Govt deficit less than expected as revenues rise’

Albay Rep. Joey Salceda on Sunday said the government’s deficit in 2020 would be smaller than expected by the Development Budget Coordinating Committee as...

Bayanihan 3 crucial factor for recovery–Salceda

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DBCC to review economic goals after strong Q2 data

The interagency Development Budget Coordinating Committee will meet Wednesday to revisit its macroeconomic assumptions after the economy expanded 11.8 percent in the second quarter,...

Dominguez sees ‘pretty good’ GDP growth in Q2 as employment rises

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DBCC reduces 2021 growth target, cites new lockdowns

The inter-agency Development Budget Coordinating Committee on Tuesday reduced the 2021 growth forecast to a range of 6 percent to 7 percent from the...

DBCC opts to keep inflation target at 2% to 4% until 2024

Inflation rate, or the movement in consumer prices, is expected to remain stable over the next four years as the interagency Development Budget Coordinating...

Gov’t managers forecast deeper GDP decline

The interagency Development Budget Coordinating Committee on Thursday revised its gross domestic product contraction target this year to a range of -8.5 to -9.5...

BIR, Customs exceeded new collection target for 8 months

The Bureau of Internal Revenue and Bureau of Customs raised P1.636 trillion in the first eight months, up 7.17 percent over the revised P1.527-trillion...

NEDA reviewing GDP contraction estimates for 2020

The National Economic and Development Authority said it is reviewing the gross domestic product growth estimates for 2020, taking into account the impact of...

Peso closes stronger, gains 3.7% versus US dollar in 2019

The peso ended the year stronger against the US dollar on Friday, gaining P0.18 to close at 50.635 from 50.821 a day ago. The peso’s...
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