Marcos economic team mounts catch-up plan to save growth targets

Marcos economic team mounts catch-up plan to save growth targets

President Ferdinand Marcos Jr.’s economic team is adopting a sober yet aggressive posture on the Philippines' macroeconomic outlook, mobilizing a state-led fiscal catch-up program to counter stalling growth and stubborn inflation.Budget Secretary Kim Robert de Leon told reporters on the sidelines of the European Union (EU)-Philippines event that the strategy includes accelerated infrastructure outlays and the fast-tracking of private investments…