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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 141441 [Title] => Deutsche Bank sees 2.8% GDP growth for RP this year [Summary] => The countrys gross domestic product (GDP) is forecast to grow by 2.8 percent this year, according to global investment banker Deutsche Bank AG. This is slightly better than the 2.7-percent growth projected by the Asian Development Bank (ADB).
The Philippine government started the year with a GDP growth forecast of 3.8 to four percent which was trimmed down to 3.4 to 3.8 percent at the end of the first quarter. After the Sept. 11 disaster, government scaled it down further to three to 3.2 percent.
[DatePublished] => 2001-11-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 96292 [Title] => Deutsche Bank sees 2.5%-3.5% growth for RP this year [Summary] => Global financial institution Deutsche Bank believes the Philippines can attain a growth rate of 2.5 percent to 3.5 percent this year if the Arroyo administration is able to address key economic issues such as the yawning budget deficit.
"The new government must first fully restore all important political and economic measures to restore confidence," said Hubert Neiss, chairman for Asia of the bank.
Neiss said the Arroyo administration must immediately initiate fiscal consolidation to put a stop to the ballooning budget deficit.
[DatePublished] => 2001-03-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
HUBERT NEISS
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 141441 [Title] => Deutsche Bank sees 2.8% GDP growth for RP this year [Summary] => The countrys gross domestic product (GDP) is forecast to grow by 2.8 percent this year, according to global investment banker Deutsche Bank AG. This is slightly better than the 2.7-percent growth projected by the Asian Development Bank (ADB).
The Philippine government started the year with a GDP growth forecast of 3.8 to four percent which was trimmed down to 3.4 to 3.8 percent at the end of the first quarter. After the Sept. 11 disaster, government scaled it down further to three to 3.2 percent.
[DatePublished] => 2001-11-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 96292 [Title] => Deutsche Bank sees 2.5%-3.5% growth for RP this year [Summary] => Global financial institution Deutsche Bank believes the Philippines can attain a growth rate of 2.5 percent to 3.5 percent this year if the Arroyo administration is able to address key economic issues such as the yawning budget deficit.
"The new government must first fully restore all important political and economic measures to restore confidence," said Hubert Neiss, chairman for Asia of the bank.
Neiss said the Arroyo administration must immediately initiate fiscal consolidation to put a stop to the ballooning budget deficit.
[DatePublished] => 2001-03-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Ted P. Torres | November 26, 2001 - 12:00am
By Ted P. Torres | March 2, 2001 - 12:00am
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