The Bangko Sentral ng Pilipinas (BSP) is confident that the Philippine economy can sustain the stellar growth it recorded in the previous quarters.
“We believe that the potential growth rate of the Philippine economy is up and our [growth] estimate now is between 6-percent and 7-percent GDP [gross domestic product],” BSP Governor Amando Tetangco Jr. said on the sidelines of the unveiling of the Security Bank Hall in the National Museum.
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