Gov’t revenues seen to miss targets in ’23 on weak growth

National government revenues are expected to “underperform” this year, given the expected slowdown in the local and global economy, particularly with persistently high inflation, according to Nomura. Nomura also projected that the country’s gross domestic product (GDP) will grow by only 5.5 percent this year, below the government’s assumption of a growth this year of … Continue reading Gov’t revenues seen to miss targets in ’23 on weak growth