Robust PH growth seen but risk rising – Moody’s

Philippine economic growth is expected to remain strong but risks to this outlook are rising, Moody’s Investors Service said.

“We project real GDP (gross domestic product) growth to be stable for the remainder of 2017 and to average 6.5 percent for the whole year, although at the lower end of the government’s forecast range of 6.5 percent to 7.5 percent,” the debt watcher said in a report on Friday.