MALACAÑANG on Thursday welcomed the 7.1-percent gross domestic product (GPD) growth registered in the third quarter, attributing it to accelerated spending on infrastructure and poverty-reduction efforts.

In a statement issued by the Presidential Communications Office, Finance Secretary Carlos Dominguez 3rd said there would be no let-up in the Duterte administration’s commitment to spend big on public works as well as on human capital and social protection, to guarantee high and inclusive growth.

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