Gov’t GDP growth target still achievable - Balisacan

preview_player
Показать описание
Subscribe to One News PH here:

NEDA Secretary Arsenio Balisacan said the government’s GDP growth target of 6% to 7% for 2023 is still achievable.

The economy slowed to 4.3% in the second quarter from 6.4 % in the first quarter.

Рекомендации по теме
Комментарии
Автор

GDP is the wrong metric. Productivity growth is more important for real wage growth and a higher standard of living. A country should grow GDP through a sustained growth in productivity.

franciscody