BMI Research revises PH GDP growth to 6.9%

Fitch-owned think tank BMI Research is upgrading its Philippine economic forecast based on the perception of strong growth potentials under the Duterte administration.

In a report entitled “Philippines: Outperformance Ahead,” BMI Research raised the gross domestic product (GDP) growth projections for the Philippines to 6.9 percent from 6 percent in 2016, and 6.3 percent from 5.8 percent next year.