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                    [Title] => Government not scaling down growth forecast
                    [Summary] => The Arroyo administration will not downgrade its growth forecasts for 2006 even if the government stands to operate on a reduced reenacted budget due to Congress’ failure to pass the proposed P1.053-trillion budget, economic managers said yesterday.


At a meeting of the Development Budget Coordinating Council (DBCC) last week, Budget Secretary Rolando Andaya Jr. and Socio-economic Planning Secretary Romulo Neri said they reached a consensus not to reduce the government’s gross domestic product (GDP) projections of 5.5 percent to 6.2 percent.


                    [DatePublished] => 2006-06-19 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1805432
                    [AuthorName] => Paolo Romero
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BUDGET SECRETARY ROLANDO ANDAYA JR. AND SOCIO

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                    [ArticleID] => 342700
                    [Title] => Government not scaling down growth forecast
                    [Summary] => The Arroyo administration will not downgrade its growth forecasts for 2006 even if the government stands to operate on a reduced reenacted budget due to Congress’ failure to pass the proposed P1.053-trillion budget, economic managers said yesterday.


At a meeting of the Development Budget Coordinating Council (DBCC) last week, Budget Secretary Rolando Andaya Jr. and Socio-economic Planning Secretary Romulo Neri said they reached a consensus not to reduce the government’s gross domestic product (GDP) projections of 5.5 percent to 6.2 percent.


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                    [AuthorName] => Paolo Romero
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Government not scaling down growth forecast

By Paolo Romero | June 19, 2006 - 12:00am

The Arroyo administration will not downgrade its growth forecasts for 2006 even if the government stands to operate on a reduced reenacted budget due to Congress’ failure to pass the proposed P1.053-trillion...

Headlines