The Philippine economy most likely regained momentum in the second quarter of the year on the back of robust government spending and stronger exports receipt, private analysts predicted based on recent signs of improvement after the first-quarter slowdown.

The country’s gross domestic product (GDP) likely grew at about 6.3 percent in the current quarter following the lower-than-expected 5.7-percent growth in the first three months, financial firm First Metro Investments Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said in the June issue of their Capital Markets Research alliance’s publication, The Market Call.

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