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Philippines maintains GDP growth targets for 2021 and 2022
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Philippines maintains GDP growth targets for 2021

and 2022

 

a-view-of-makati-skyline-in-manila-1.jpg

 

The Philippines has SLOTXO maintained its economic growth targets for this year
and 2022 despite threats posed by the more contagious Delta coronavirus variant,
the country's economic ministers said on Monday.

 

Gross domestic product (GDP) is expected to expand by 6.0per cent to 7.0per cent
in 2021, and 7.0per cent to 9.0per cent in 2022, rebounding from a record
contraction of 9.6per cent in 2020, a government inter-agency said in a statement.

 

The government is "optimistic that the country's GDP may return to its pre-
pandemic levels as early as 2022," it added.



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