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                    [ArticleID] => 98053
                    [Title] => IMF, ADB lower RP growth forecasts
                    [Summary] => The International Monetary Fund (IMF) and the Asian Development Bank (ADB) have lowered their growth projections for the Philippines due to the prevailing political crisis which has adversely affected the economy.


IMF research director David Robinson said they are projecting a growth of 3.8 percent in the country’s gross domestic product (GDP) this year and about three percent next year.


Robinson said the IMF had originally projected a growth of four percent this year and 4.5 percent in 2001.


                    [DatePublished] => 2000-11-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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ASIAN ECONOMIC PERFORMANCE

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                    [ArticleID] => 98053
                    [Title] => IMF, ADB lower RP growth forecasts
                    [Summary] => The International Monetary Fund (IMF) and the Asian Development Bank (ADB) have lowered their growth projections for the Philippines due to the prevailing political crisis which has adversely affected the economy.


IMF research director David Robinson said they are projecting a growth of 3.8 percent in the country’s gross domestic product (GDP) this year and about three percent next year.


Robinson said the IMF had originally projected a growth of four percent this year and 4.5 percent in 2001.


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abtest

IMF, ADB lower RP growth forecasts

By Donnabelle L. Gatdula | November 28, 2000 - 12:00am

The International Monetary Fund (IMF) and the Asian Development Bank (ADB) have lowered their growth projections for the Philippines due to the prevailing political crisis which has adversely affected the economy. IMF...

Business