MANILA – The Philippines cut its growth and trade forecasts for this year and the next on uncertainty over the global recovery, government officials told a Senate budget hearing on Wednesday.
Manila now expects growth this year to be between 4.5 to 5.5 percent, lower than a 5-6 percent growth target under its budget assumptions for the year, Economic Planning Secretary Cayetano Paderanga told the Senate hearing.
The government now forecasts exports and imports to grow 5 percent and 13 percent, respectively, this year, lower than previous estimates of 9 to 10 percent and 17-18 percent.
It also cut 2012 trade forecasts. –Reuters
April –
MONTH OF PLANET EARTH!
“Climate change, El Nino,
and the Middle East conflict
are wreaking havoc on Planet Earth.”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
April – Month of Planet Earth
Weekly Observances:
April 24-30 — World Immunization Week
Daily Observances:
Apr 5 — International Day of Conscience
Apr 7 — World Health Day
Apr 15 — International Day of Wellness
Apr 21 — Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health
at Work
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