Oct 9, 2001, 12:01 AM
News Code: 9031484
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2001 for target GDP pct 8.3-3.3 maintains Philippines planners economic Government -- Pulse IRNA-Asia 9, Oct Manila, growth 2001 its achieve will country the that optimistic remained despite rate exchange P52 to P51 and cent per 8.3 to 3.3 of target .earnings exports lower General Director (NEDA) Authority Development and Economic National in factored already was growth exports negative a said Canlas Dante target (GDP) Product Domestic Gross cent per 8.3 to cent per 3.3 the .year the for and industry agriculture, of added value the of sum the is GDP .world the of rest the from income net less services GDP our in this factored have we year, this worst the seen We've" the despite target GDP our maintaining are We .2001 for forecast .said he "exports, dismal exports of growth cent per 10 negative expected the said Canlas and consumption both in increase the by compensated be would .spending government government the help also will collection tax in improvements The .said he year, the for target growth its achieve continue would workers overseas of remittances the said also Canlas .dollar US the against peso the boost to per 8.4 to 3.4 of target growth year's next said chief NEDA The the of result a as point percentage 3.0 by reduced be may cent trading largest country's the US, the on attack terrorist 11 September .partner to economies, Japanese and US the about uncertainty heightened The" next of half first enough early recover not do we that extent the "point, percentage 3.0 by target our reduce to us impelled that year, .said Canlas and semiconductor of demand in increase projected the said He second the by countries industrial and US the in products electronic recover will exports electronic that hope providing is 2002 of half .year next per 50 than more comprise products electronic and Semiconductor .exports country's the of cent AA/RR End