The announcement by the Philippine Statistics Authority on Thursday that the local economy grew faster at 6.8 percent in the first three months of 2018 is very positive news for the country.
The growth acceleration from 6.5 percent both in the comparative year-earlier period and the fourth quarter of 2017 indicates that this government is doing something right that it may claim as its own performance. It also indicates the dynamism of key economic sectors, including the overseas employment sector.
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