PH may exceed 6.5% growth forecast of ADB, says Neda chief

THE Philippine economy will likely hit -and could even exceed- the 6.5 percent gross domestic product (GDP) forecast of the Asian Development Bank (ADB) for 2018, the country's chief economist said on Thursday.

In a press conference in Malacañang, Socioeconomic Planning Secretary Ernesto Pernia said the Philip-pines could outpace the ADB's revised forecast, which was the "lower range" of the government's tar-get for 2017.