Think of high poverty rate, not just GDP growth

Defining the News

Arguably, the most avidly-watched items in the business pages of newspapers and their online editions are items relating to the gross domestic product . Chief among the avid watchers are chief executive officers , treasurers and budget planners of all kinds, fund managers, investment advisers and securities market analysts.

The reports and forecasts of greatest value to users of GDP data are those issued by the IMF, the World Bank and the ADB in the wake of their periodic missions to this country, which involve comprehensive discussions with government officials. Still other entities, including foreign governments, think tanks and financial intermediaries, maintain an interest in this country’s GDP and add their voices to the discussions of the growth prospects of the Philippine economy.

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MlaStandard /  🏆 20. in PH

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