Duterte economic managers see higher Q2 growth

ELECTION-related spending likely drove the Philippine economy to grow faster in the second quarter of the year compared with the first three months, two of the incoming administration's economic managers said.

Ernesto Pernia, incoming director-general of Socioeconomic Planning and National Economic and Development, said on the sidelines of an economic forum in Davao City that GDP growth in April to June was "likely above 7 percent."