JOINT STATEMENT ON THE 176TH DBCC MEETING: REVIEW OF THE MACROECONOMIC ASSUMPTIONS AND FISCAL PROGRAM FOR THE 2020 PRESIDENT’S BUDGET

July 18, 2019 We, the members of the Development Budget Coordination Committee (DBCC), held our 176th meeting today, to revisit the government’s macroeconomic assumptions, medium-term fiscal program, and growth targets in time for the submission of the 2020 President’s Budget. Macroeconomic Assumptions  In view of recent domestic and external developments, we adopted the following macroeconomic continue reading : JOINT STATEMENT ON THE 176TH DBCC MEETING: REVIEW OF THE MACROECONOMIC ASSUMPTIONS AND FISCAL PROGRAM FOR THE 2020 PRESIDENT’S BUDGET

JOINT STATEMENT ON FULL-YEAR 2018 INFLATION FROM THE ECONOMIC TEAM (NEDA-DOF-DBM)

 January 4, 2019 We, the economic managers, welcome the news that the country’s inflation rate came to a seven-month low at 5.1 percent in December 2018 sharply down from November’s 6.0 percent. This signifies that the mitigating measures already in force are broadly effective. Slower price increases in food and non-alcoholic beverages and transportation continued continue reading : JOINT STATEMENT ON FULL-YEAR 2018 INFLATION FROM THE ECONOMIC TEAM (NEDA-DOF-DBM)