Growth Figures Expose Government's Fake Stimulus, Limits Of Relying On Remittances
Published at the IBON website Sunday, 29 November 2009
By Sonny Africa
IBON Features - The weak third quarter growth results reported by the National Statistical Coordination Board (NSCB) do not only confirm the uncertainty of achieving the full-year growth rate that the government has been hyping in a bid to project optimism and confidence. They also expose, among others, the limits of relying on overseas remittances to fuel economic growth, and how the government's so-called stimulus program is more exaggeration than reality.... MORESource: IBON Foundation
URL: http://info.ibon.org/ibon_features.php
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