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August 29, 2014 - Philippine Economic Update
Philippines: Accelerating investment in infrastructure, health, and education to sustain growth that benefits the poor - by The World Bank
The Philippine Economic Update (PEU) recently released expects the Philippines to continue to grow strongly at 6.4 percent in 2014 and 6.7 percent in 2015.
“This projected growth remains one of the fastest in the East Asia region, second only to China among the major economies,” said World Bank Country Director Motoo Konishi.
These numbers are a slight revision from the previous projections of 6.6 percent and 6.9 percent in 2014 and 2015, respectively.
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