The Asian Development Bank (ADB) is keeping its Philippine growth forecasts at 6.5 percent for this year and 6.7 percent for 2018, with support expected to come from consumer spending and public investments.
“GDP (gross domestic product) growth is projected to strengthen in the rest of the year and in 2018 as domestic demand is likely to continue to expand in the near term,” the Manila-based lender said on Tuesday in an update to its Asian Development Outlook.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.