Economic Research
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08 Aug 2014
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Philippines
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Economic
Highlights
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The
Aquino administration proposed a budget of PHP2.606trn for 2015, which is 15.1% higher from the current year's
PHP2.264.6trn budget and representing 18.4% of the country's GDP, based on
the government’s real GDP growth assumption of 7.0-8.0% for 2015. Through
this budget, the government intensifies its investments in priority
programmes and projects that seek to achieve inclusive and sustained
development.
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Friday, August 8, 2014
RHB | Philippines | A Budget For Inclusive And Sustained Development
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