PCCI bullish on PH economy, expects close to 7% growth

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PCCI bullish on PH economy, expects close to 7% growth
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Philippine Chamber of Commerce and Industry president George Barcelon said his group agreed with the Department of Finance’s economic growth projection of 6 percent to 7 percent. READ:

Philippine Chamber of Commerce and Industry president George Barcelon said his group agreed with the Department of Finance’s economic growth projection of 6 percent to 7 percent.

PCCI said the economy would sustain a healthy pace in the first half. The group said that despite the continuous interest rate hikes mirroring the US and European Union’s action to mitigate inflation, remittances and the rebounding local economy could weather the challenges. The group said the mitigation of COVID-19 and the opening of physical schooling would add to economic activities.

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