THE ECONOMIC growth target of 5-6% this year is within reach if structural constraints are addressed, the newly appointed socioeconomic planning chief said yesterday.
PROJECTS APPROVED by the Board of Investments (BoI) rose by 2.4% in January to April from year-ago levels, the investment promotion agency reported yesterday.
The Philippine economy may have grown by just 3.9 percent in the first quarter of the year on the back of slower growth in dollar remittances from overseas Filipinos, an economist said yesterday.
The Philippines has been included in the roster of the so-called Next 11 Emerging Markets but has lagged behind other countries in terms of investments, according to PhilDev trustee Winston Damarillo.
