ECONOMIC growth likely fell below target last year due to agriculture damage and operational disruptions caused by a series of storms, a Cabinet official said on Friday.
"Given the developments in the fourth quarter, especially the several typhoons that impacted heavily on our agriculture and also many other industries because offices were cancelled. ... I would expect the fourth quarter to be not as good as we had expected," Socioeconomic Planning Secretary Arsenio Balisacan told reporters in a briefing.
