MANILA– Malacanang remains optimistic in meeting its macroeconomic targets amid the lower-below-expected Gross Domestic Product (GDP) in the second quarter of the year.
MANILA– Malacanang remains optimistic in meeting its macroeconomic targets amid the lower-below-expected Gross Domestic Product (GDP) in the second quarter of the year.
“While growth has slowed down in the second quarter of this year, the Office of the President has been assured by our economic managers that this is simply a temporary setback,” Presidential Spokesperson Salvador Panelo said Friday.
“The Palace remains optimistic in pursuing our macroeconomic targets despite the challenges we face as a nation,” he added.
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