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Asian Development Bank raises Philippine growth forecast in 2017/18

The Asian Development Bank has upgraded the Philippines growth outlook this year from 6.5% to 6.7% and from 6.7% to 6.8% in 2018. The Manila-based ADB said strong household consumption, manageable inflation and infrastructure investment are the factors for the improving growth data. “The government is on track to achieve its target of spending 5.3 […]

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