PH economy growth to accelerate this year

CLARK FREEPORT -- The Asian Development Bank (ADB) is projecting the Philippines’ Gross Domestic Product (GDP) to accelerate to 6.8 percent this 2018, up from 6.7 percent last year.

In its latest Asian Development Outlook, ADB also sees a 6.9 percent GDP growth in 2019 due to rising domestic demand, remittances and employment in addition to infrastructure spending.

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