{
    "success": true,
    "data": {
        "id": 1422873,
        "msgid": "rp-may-cut-growth-targets-1447893297",
        "date": "1999-12-04 00:00:00",
        "title": "RP may cut growth targets",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "RP may cut growth targets MANILA (AFP): The Philippines is considering cutting its economic growth targets for 2000 as part of an effort to cut spending to eventually reach a balanced budget in the coming years, Finance Secretary Edgardo Espiritu said here Thursday. Espiritu said gross national product targets could be brought down to 4.5 percent from as much as 5.5 percent.",
        "content": "<p>RP may cut growth targets<\/p>\n<p>MANILA (AFP): The Philippines is considering cutting its<br>\neconomic growth targets for 2000 as part of an effort to cut<br>\nspending to eventually reach a balanced budget in the coming<br>\nyears, Finance Secretary Edgardo Espiritu said here Thursday.<\/p>\n<p>Espiritu said gross national product targets could be brought<br>\ndown to 4.5 percent from as much as 5.5 percent.<\/p>\n<p>The proposal for lowering the growth rate will be put forward<br>\nin a meeting with an International Monetary Fund (IMF) mission<br>\nwhich is in the country to look into the government's revenue<br>\nperformance.<\/p>\n<p>Espiritu said he would offer to \"adjust the GNP and GDP (gross<br>\ndomestic product) targets for the next year,\" even if this meant<br>\nreducing government spending<\/p>\n<p>The Philippines had previously targeted GDP growth for 2000 at<br>\nabout 4.0 to 5.0 percent. It was not stated how this target would<br>\nbe reset.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rp-may-cut-growth-targets-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}