MANILA - The Philippines will "bounce back" next year with gross domestic product projected to grow between 7.1 percent to 8.1 percent, Finance Secretary Carlos Dominguez said on Tuesday.
Among them are P1.1 trillion worth of fiscal and monetary measures “to finance emergency initiatives and keep the economy afloat,” and an P846 billion economic recovery program “to get business back on their feet and sustain and create jobs,” Dominguez told a Senate hearing. The government is also looking at “mass hiring of contact-tracers” to provide jobs while helping control the spread of the disease, the Philippine Finance chief said.
Kailan mangyayari yan? paano? Stir? tutoo nga hehehe
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: