Monday, May 18, 2026
Today's Print

Tag: Development Budget Coordination Committee

No delay in 2022 budget despite looming election period–Lacson

There will be no delay in the passage of the proposed P5.024-trillion national budget for 2022 amid preparations for the May 2022 general elections,...

2020 budget deficit ballooned to P1.37T as tax collection fell

The government’s budget deficit widened to P1.371 trillion in 2020, or more than double the previous year’s P660.2-billion shortfall, reflecting the 11.31-percent growth in...

Exports up by 3% in November, fastest expansion in 10 months

Exports rose 3 percent in November from a year ago as the government further eased quarantine restrictions and allowed establishments to operate at higher...

DTI cuts ‘22 export goal to $103.9B from $130B

The Department of Trade and Industry reduced its medium-term export projections from $130 billion set in the Philippine Export Development Plan (PEDP) 2018-2022 to...

Gov’t vows to ‘redouble’ efforts to put economy on recovery path

The government said it will “redouble” efforts to protect gains over the past three years, bring the economy to a strong recovery path and...

Second wave of infection to stall recovery – Diokno

Bangko Sentral ng Pilipinas Governor Benjamin Diokno said avoiding a second-wave or third-wave COVID-19 infection is key to a “U-shaped” economic recovery for the...

DBCC sees PH economy contracting 3.4% this year

The government expects the economy to contract between 2 percent and 3.4 percent this year, a sharp reversal of the actual 6-percent expansion in...

The economic outlook

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Economic managers cut growth forecast for 2019

The interagency Development Budget Coordination Committee on Wednesday reduced the upper end of its 2019 economic growth forecast to a range of 6 percent...

Fiscal-sector macro fundamentals bear watching

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Resetting government targets to reflect changed conditions

" The committee’s members had mostly positive things on their plate."   The DBCC (Development Budget Coordination Committee) is the core of NEDA (National Economic and Development...

Economic managers downgrade 2019 growth target

The interagency Development Budget Coordination Committee on Wednesday downgraded the 2019 growth target to a range of 6 percent to 7 percent from the...

DBCC keeps ’19 and ’20 inflation target at 2%-4%

The government kept the inflation target of 2 percent to 4 percent for 2019 and 2020, taking into account the recent deceleration in the...

New year, new tax: Rody okays 2nd round of oil levy

President Rodrigo Duterte has backtracked from his earlier promise to temporarily suspend the implementation of the second tranche of oil excise tax for 2019...
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