Economic managers revise indicators

By Philippine News Agency

Jun 11, 2023 12:13 am

ECONOMIC managers on Friday adjusted several macroeconomic indicators for 2023, including growth assumptions for exports and imports of goods, citing the impact of external developments.

The exports growth assumption for this year was slashed to 1 percent from 3 percent, and the imports growth assumption from 4 percent to 2 percent, following the 185th meeting of the inter-agency Development Budget Coordination Committee (DBCC).

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