NEDA sees robust 2Q growth for Philippines

The Philippine economy, as measured by gross domestic product (GDP), is likely to remain robust in the second quarter of the year, the National Economic and Development Authority (NEDA) said on Monday.

“The growth is going to be quite robust in the second quarter because overall, the indicators have been positive but as said, as in the past experiences, until you get all the basic data, you can’t really be quite precise and that close,” Socioeconomic Planning Secretary Arsenio Balisacan and also NEDA director general said on the sidelines of the launching of the Philippine Human Development Report.