The Philippines might face increased indebtedness if it falls short of the economic growth target of 6 to 7 percent this year, putting fiscal stability at risk in the medium term, according to New York-based GlobalSource Partners. This, even as Philippine gross domestic product (GDP) grew by 6 percent in the first semester of 2024.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.