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DEPDev still confident that PH economy will grow despite challenges
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today
DEPDev still confident that PH economy will grow despite challenges
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Transcript
Display full video transcript
00:00
Amidst the tension in the Middle East and increases in oil prices, the Department of Economy, Planning and Development, or DEPDEV,
00:06
assured that the government is prepared for the possible impact on the country.
00:10
The government prepared some programs like fuel subsidies and other forms of assistance to ease the lives of Filipinos.
00:16
According to DEPDEV, the international institutions remain confident on the Philippine Development Plan of the government,
00:23
which promotes key reforms and projects for sustaining growth and development.
00:27
As of now, the government is still targeting the 5.5 to 6.5 percent growth this year
00:32
while maintaining to be cautious in addressing global challenges.
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