Govt set to sustain high growth in 2017

THE government’s economic managers are optimistic the Philippines will sustain high economic growth in 2017 despite “political noise,” banking on higher infrastructure spending, tax and other reforms, and improved peace and order.

“This means there will be no letup in the Duterte administration’s commitment to spending big on urban and rural infrastructure as a growth driver, to guarantee sustained high—and inclusive—growth,” Finance Secretary Carlos Dominguez 3rd said in a statement.