DBCC adjusts 2022 growth projection

By Anna Leah E. Gonzales

May 25, 2022 12:35 am

THE Interagency Development Budget Coordination Committee (DBCC) on Tuesday adjusted the 2022 Philippine economic growth projection to take into consideration recent external developments.

In a statement read by Budget department officer in charge Tina Rose Marie Canda during a press briefing following the 181st DBCC meeting, the DBCC said it now expects the Philippines economy to grow by 7 to 8 percent this year, a revision from the earlier 7 to 9 percent.

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