NEDA still sees 6% GDP growth for 2015

Economic planners remain confident that the country to achieve 6 percent growth this year, with prospects for succeeding years likely to be much better if reforms continue to be pursued by the next administration.

“Taking into consideration the 6-percent GDP (gross domestic product) growth during the third quarter of 2015, we expect our high growth trajectory to continue in the fourth quarter of the year as domestic demand continues to be strong,” Socioeconomic Planning Secretary Arsenio Balisacan said in a yearend briefing on Thursday.