THE government is confident the Philippines will achieve its target of $100 billion worth of exports by 2020, an official of the Department of Trade and Industry (DTI) said on Wednesday.

“If we grow between 3 percent and 5 percent, we have a good chance to breach the $100 billion [target] by 2020, because we want to reach $120 billion by 2022. Ideally, if we can reach 7 percent by 2019, $100 billion is achievable, if 3 percent to 5 percent that’s by 2020,” DTI Promotion Group Undersecretary Nora Terrado told reporters during the National Export Congress at the Philippine Training Trade Center in Pasay City.