Philippines narrows GDP growth target range for 2024

December 17, 2023 - 12:23 PM
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Construction workers are pictured at the construction site of an apartment building in Pasay, Metro Manila in the Philippines May 22, 2017. (Reuters/Erik De Castro/File Photo)

 The Philippines narrowed its growth target range for next year to 6.5% to 7.5%, but kept its 6.5% to 8.0% growth goal for 2025-2028, a government inter-agency panel said on Friday.

For this year, the government still expects growth to come in the 6.0% to 7.0% range.

— Reporting by Neil Jerome Morales and Karen Lema; Editing by Martin Petty