MANILA -- The Philippines is seeking a 170 billion pesos ($3.6 billion) pandemic stimulus program to boost its economic recovery this year, officials said on Tuesday, as they temper growth targets following disappointing first-quarter results.
2021 growth target lowered to 6-7% amid new COVID bout
The Philippine government aims to boost the country's post-pandemic economic recovery this year with a package of stimulus measures. © Reuters
MANILA -- The Philippines is seeking a 170 billion pesos ($3.6 billion) pandemic stimulus program to boost its economic recovery this year, officials said on Tuesday, as they temper growth targets following disappointing first-quarter results.