BSP sees 0.03% nCoV impact to PH economic growth

Credit to Author: The Manila Times| Date: Thu, 06 Feb 2020 10:00:18 +0000

THE 2019-novel coronavirus (2019-nCoV) acute respiratory disease is likely to slow down the Philippine gross domestic product (GDP) growth by 0.3 percent for the whole year, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno revealed on Thursday. “Preliminary BSP estimates show a 0.3 ppt (percentage point) reduction in 2020 GDP  . . .,” Diokno told reporters […]

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PH economic growth forecast to slow down at 6% in 2019

Credit to Author: The Manila Times| Date: Fri, 12 Apr 2019 02:49:19 +0000

THE country’s economic growth is forecast to slow down this year on the back of a “weak world economy.” In a report released late Thursday, Capital Economics said that Philippine…READ

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Reenacted budget, global slowdown weigh on PH growth — World Bank

Credit to Author: The Manila Times| Date: Mon, 01 Apr 2019 04:09:20 +0000

THE Word Bank on Monday lowered its 2019 Philippine economic growth forecast to 6.4 percent from the previous 6.5 percent, owing to several factors that include the delay in the…READ

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