Estimates to Philippine economic growth this year have been revised upwards following the stronger-than-expected 6.9-percent expansion in the fourth quarter of 2014.
Analysts at Citi Research, JP Morgan and DBS, said the growth of country’s gross domestic product (GDP) could range from 6.5 percent to 6.7 percent in 2015 on the back of upbeat private and public spending, and the upside surprise in consumption.
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