THE inter-agency Development Budget Coordination Committee (DBCC) on Thursday trimmed its inflation forecast for 2019 to between 2.7 percent and 3.5 percent from the earlier 3.0-to-4.0 percent range, but maintained its economic growth projections.

In a briefing after the committee’s 176th meeting in Manila, Janet Abuel, officer-in-charge of the Department of Budget and Management, said the lowered inflation projection was “due to the government’s decisive steps to stabilize the general price level.”

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details