“We’re discussing that right now because I think we have to come out with a more realistic target,” Finance Secretary Ralph Recto told reporters in an interview at the Bureau of Internal Revenue’s anniversary event last Thursday.
Last December, the DBCC trimmed its gross domestic product (GDP) growth target for 2024 to 6.5 to 7.5 percent, from the previous projection of a 6.5 to 8-percent expansion.
Read more: https://business.inquirer.net/445022/dof-govt-to-set-more-realistic-growth-targets