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A Mid-Year Economic AssessmentDr. Cielito F. HabitoAteneo Center for Economic Research & DevelopmentAteneo Center for Economic Research and Development
 
Overview• Key Economic Trends for 1st Half of 2008 • Persistent Challenges:– Storm winds – Low fuel – Excess baggage• Food and oil prices: quo vadis? • Outlook for remainder of 2008 • EconomicimperativesAteneo Center for Economic Research and Development
 
2008 HighlightsPluses+Private domestic investment has rebounded; offsets drop in public constructionand FDI +Consecutive government surplusesAteneo Center for Economic Research and Development
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