On Tuesday last week, economist Dr. Bernardo Villegas said in a financial forum that the country’s gross domestic product (GDP) will grow between 7.9 percent and 9.0 percent in the next five to 10 years, and will be anchored by a rapidly growing domestic market and the revival of the country’s manufacturing industry.
Philippine GDP grew by 7.2 percent in 2013, compared to 6.8 the previous year, according to government statistics.
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