SUMMARY
This is AI generated summarization, which may have errors. For context, always refer to the full article.
The 6.6% phenomenal growth rate of the Philippines 2012 has given birth to a new concern: possible blackouts. According to National Economic and Development Authority (NEDA) if the economy continues to grow at the pace it has been growing, the country could face a power crisis in two to 3 years. He said that in order to prevent this, the government must heavily invest in power in the last few years of the Aquino administration. Balisacan said while there was an oversupply in power in the Visayas that Mindanao could tap into, it will take a few more years before the region can tap into this and a lot of investment.
Read more on Rappler
Add a comment
How does this make you feel?
There are no comments yet. Add your comment to start the conversation.