STRONG fundamentals such as current account, fiscal position, demographics, reform-minded government and manufacturing sector will support the Philippines’ long-term economic growth, according to macroeconomic research company Capital Economics.
In a report, Capital Economics lauded the country’s “healthy” gross domestic product (GDP) growth in the last quarter of 2013, saying that ”the economy came through the destruction of Super Haiyan [Super Typhoon Yolanda] reasonably well.”
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