Gov’t spending, domestic demand to drive economy

THE PHILIPPINE ECONOMY may grow above 6% this year and next, fueled by government spending, private consumption and strong external demand, although inflation risks and a potential slowdown in major trading partners like the US and China pose risks to the outlook, the ASEAN+3 Macroeconomic Research Office (AMRO) said on Tuesday. It added that while […]

Gov’t spending, domestic demand to drive economy
THE PHILIPPINE ECONOMY may grow above 6% this year and next, fueled by government spending, private consumption and strong external demand, although inflation risks and a potential slowdown in major trading partners like the US and China pose risks to the outlook, the ASEAN+3 Macroeconomic Research Office (AMRO) said on Tuesday. It added that while […]