Thursday, August 29, 2013

PH still 'fastest-growing emerging economy' in ASEAN


The Philippines continued to exceed expectations and remained the fastest-growing among emerging economies in the region, the government on Wednesday announced.

The country’s gross domestic product (GDP) expanded by 7.5 percent from April to June, faster than the 6.3 percent growth it posted in the same period in 2012, official data showed.

“We remain the fastest growing economy among emerging economies in the ASEAN region,” Socioeconomic Planning Secretary Arsenio Balisacan claimed.




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