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                    [Title] => NEDA shrugs off ADB’s revised growth forecast
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The National Economic and Development Authority (NEDA) shrugged off the Asian Development Bank’s (ADB) earlier announcement that it has trimmed the country’s gross domestic product (GDP) growth to 3.2 to 3.8 percent from its original forecast of four percent.


"We respect and take note of their forecast but it’s not something that worries us. They have repeatedly under forecasted the country’s growth performance in recent years," NEDA directror for national planning and policy Ma. Socorro Zingapan said.


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SOCORRO ZINGAPAN

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                    [Title] => NEDA shrugs off ADB’s revised growth forecast
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The National Economic and Development Authority (NEDA) shrugged off the Asian Development Bank’s (ADB) earlier announcement that it has trimmed the country’s gross domestic product (GDP) growth to 3.2 to 3.8 percent from its original forecast of four percent.


"We respect and take note of their forecast but it’s not something that worries us. They have repeatedly under forecasted the country’s growth performance in recent years," NEDA directror for national planning and policy Ma. Socorro Zingapan said.


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NEDA shrugs off ADB’s revised growth forecast

June 29, 2003 - 12:00am

The National Economic and Development Authority (NEDA) shrugged off the Asian Development Bank’s (ADB) earlier announcement that it has trimmed the country’s gross domestic product (GDP) growth to 3.2...

Business