Tag: growth target

Malacanang says 2014 GDP growth target still achievable

MANILA, Philippines — Malacanang said it remains optimistic that it could achieve the 6.5 percent gross domestic product (GDP) growth target for the year, despite slower economic growth in the third quarter. In a press briefing in Malacañang, Presidential Communications Operations Office Secretary Herminio Coloma, Jr. said they remain hopeful that the country’s economy would rebound in the fourth quarter. Quoting National Economic and Development Authority (NEDA) Director General Arsenio Balisacan, Coloma said the administration’s […]