MANILA – The Philippine government is ready to support growth if needed, with the state stepping up spending on public infrastructure, ensuring that growth this year will be closer to the high end of a target of 5 to 6 percent, the economic planning secretary said on Wednesday.
Arsenio Balisacan told reporters, following the release of data showing gross domestic product grew 5.9 percent in the second quarter from a year ago, that increasing diversification of the country’s trading partners would cushion the risks of slowing demand from the Philippines’ traditional export markets.
He also said recent monsoon rains and typhoons would have a “modest impact” on growth. –Reuters
May –
Anti-Graft and Corruption Awareness Month
“Corruption drains the nation
and victimizes workers who build the nation.
Accountability now!”
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
May 1 – Labor Day
May 2 – World Freedom Day
May 12 – World Communication Day
May 15 – International Day of Families
May 16 – International Day of Living
Together in Peace
May 21 – World Day for Cultural Diversity
for Dialogue and Development
Monthly Observances:
The Month of the Ocean
Anti-Graft and Corruption Awareness Month
Volunteerism Month
Weekly Observances:
Week 2: Safe Motherhood Week
Daily Observances:
May 1: Labor Day
May 7: Health Worker’s Day
May 31: National Fisherfolks Day
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