Friday, August 8, 2014

RHB | Philippines | A Budget For Inclusive And Sustained Development

Economic Research
08 Aug 2014
Philippines

Economic Highlights




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.

Economist:  Peck Boon Soon  | +603 9280 2163

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