Economics
Philippine Economy Will Continue Strong Growth: Finance Minister
- Finance secretary sees economy reaching 7.5% growth in 2019
- Rising imports ‘normal’ for economy growing at fast pace
Economic growth in the Philippines is already among the highest in the world. GDP data released later may show acceleration in the second quarter. Economists we surveyed say growth probably exceeded 6.4% in the previous three months. Finance Secretary Carlos Dominguez says the economy is in a sweet spot. (Source: Bloomberg)
This article is for subscribers only.
Start your day with what's moving markets in Asia. Sign up here to receive our newsletter.
Philippine Finance Secretary Carlos Dominguez said the economy is set to continue growing strongly, with a slump in the currency likely to be temporary.