The International Monetary Fund (IMF) expects the Philippines’ gross domestic product (GDP) growth to reach 6% this year and 6.2% next year. The growth would be the fastest among the 5 biggest economies of the Association of Southeast Asian Nations or ASEAN-5. The IMF said continued strong domestic demand will help the country offset risks from a volatile global market.
Read more about the IMF’s outlook for Southeast Asia.
Read about expectations for China and Japan’s growth this year.
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