Recto pegs Q1 GDP growth at 5.8-6.3%

Finance Secretary Ralph Recto said it was possible that the Philippine economy would grow below 6 percent in the first quarter of 2024 due to unfavorable base effects and stubbornly high inflation that may have crimped consumption. Speaking to reporters on Monday, Recto pegged the January-March economic growth at between 5.8 and 6.3 percent. If
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