BBM's Platform of Government

[TopEngine]

DBCC affirms MOODY’S forecast as fastest growing economy in Asia Pacific

MANILA -- Members of the Development Budget Coordination Committee (DBCC), chaired by Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman, shared their positive outlook for the Philippine economy in line with Moody’s growth forecast for the Philippines in 2023.

As approved by the DBCC, GDP growth in 2023 is expected to range from 6.0-7.0 percent. This is aligned with the Moody’s growth projection of 6.4 percent, which will make the country the fastest growing economy in the Asia-Pacific region. According to the forecast of Moody's, the country will be followed by Vietnam with 6.1 percent, China with 5.1 percent, India with 5 percent, Indonesia with 4.7 percent, Thailand with 3.9 percent, and Malaysia with 3.8 percent. -excerpt

Growth forecast proves PH on right track: Romualdez

“It is reassuring to note that Moody’s sees the Philippines posting the fastest GDP (gross domestic product) growth in the Asia-Pacific region next year. Moody’s projection, along with Finance Secretary Benjamin Diokno’s own statement that our GDP growth will likely reach 7 percent or at least 6.5 percent for this year, validate the rationality of President Ferdinand R. Marcos, Jr.’s decision to relax pandemic-related restrictions, the soundness of his administration’s economic policies, and the competence of his chosen economic managers,” Romualdez said. -excerpt

[dreamur]

DBCC affirms MOODY’S forecast as fastest growing economy in Asia Pacific

MANILA -- Members of the Development Budget Coordination Committee (DBCC), chaired by Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman, shared their positive outlook for the Philippine economy in line with Moody’s growth forecast for the Philippines in 2023.

As approved by the DBCC, GDP growth in 2023 is expected to range from 6.0-7.0 percent. This is aligned with the Moody’s growth projection of 6.4 percent, which will make the country the fastest growing economy in the Asia-Pacific region. According to the forecast of Moody's, the country will be followed by Vietnam with 6.1 percent, China with 5.1 percent, India with 5 percent, Indonesia with 4.7 percent, Thailand with 3.9 percent, and Malaysia with 3.8 percent. -excerpt

Growth forecast proves PH on right track: Romualdez

“It is reassuring to note that Moody’s sees the Philippines posting the fastest GDP (gross domestic product) growth in the Asia-Pacific region next year. Moody’s projection, along with Finance Secretary Benjamin Diokno’s own statement that our GDP growth will likely reach 7 percent or at least 6.5 percent for this year, validate the rationality of President Ferdinand R. Marcos, Jr.’s decision to relax pandemic-related restrictions, the soundness of his administration’s economic policies, and the competence of his chosen economic managers,” Romualdez said. -excerpt

You have a way of twisting facts to fit your narrative. I give you that. That is how you earned your keep anyway.

I was asking about your nose because I'm sure it's darkened already from getting burried so long in BBM's ass.

https://www.bworldonline.com/economy...utlook-to-6-7/

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[baludoy]

https://twitter.com/FMangosingINQ/st...Y3VJ4JUn5-MWlQ

creepy crawlies at it again.

[Yatta]

Are you inhaling something? I find your question ridiculous.



It is not an objective write ups, rather political. Haven't you travelled abroad? Inflation is worldwide hahah....

Yeah, and so is COVID. But have you seen the graphic 2 pages ago? And like COVID, some countries are managing it better than others. Even Cambodia's is almost less than half as ours.

Paulit-ulit na lang na excuse na "worldwide". Tama na yang excuses.

[TopEngine]

Yeah, and so is COVID. But have you seen the graphic 2 pages ago? And like COVID, some countries are managing it better than others. Even Cambodia's is almost less than half as ours.

Paulit-ulit na lang na excuse na "worldwide". Tama na yang excuses.

So that Philippines would not feel the high pricing commodities from the global inflation, what's your solution to lower it? hahah...

[Mask Rider Blac]

Hindi naman profit-oriented ang BSP.

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[dreamur]

Hindi naman profit-oriented ang BSP.

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Better to remain silent and be thought a fool than to speak and remove all doubt - Abe Lincoln

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[uls]

ung hirap na hirap sila i-source ang pondo para sa sovereign "wealth" fund means the sovereign is not wealthy

huwag na kasi pilitin

hindi mayaman ang pinas para magkaroon ng SWF

[TopEngine]

Proposed Maharlika Fund would no longer include SSS, GSIS funds — Quimbo

MANILA, Philippines — The proposed Maharlika Investment Fund (MIF) would no longer source funds from the Government Service Insurance System (GSIS) and the Social Security System (SSS) amid fears from the public about pensioners’ benefits being lost to bad investments. -excerpt

After backlash, House leaders spare GSIS, SSS from Maharlika fund

The decision came after Speaker Martin Romualdez and other House leaders met with economic managers to reevaluate the proposal.

“It is good that we conducted public consultations on the proposal. Concerns of the public, especially of Filipino workers who submit their GSIS and SSS contributions monthly, were validated,” Quimbo said on Wednesday, December 7.

“The discussions on the amendments shall be taken upon by the committee on appropriations on Friday upon the instruction of Speaker Martin Romualdez,” she added. -excerpt

[uls]

scrap the whole idea

huwag na pilitin