A reenacted 2020 national budget could drag Philippine economic growth to below 5 percent next year, Socioeconomic Planning Secretary Ernesto Pernia warned on Thursday.

This August 8, 2019 file photo shows Socioeconomic Planning Secretary Ernesto Pernia speaking during a briefing on the second-quarter gross domestic product growth in Pasig City. PHOTO BY ALVIN I. DACANAY

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