Economy likely grew 6.3-7.3 pct in 3rd quarter, Pernia says | ABS-CBN
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Economy likely grew 6.3-7.3 pct in 3rd quarter, Pernia says
Economy likely grew 6.3-7.3 pct in 3rd quarter, Pernia says
Reuters
Published Nov 03, 2016 12:56 PM PHT
MANILA - The economy likely expanded by 6.3 percent to 7.3 percent in the third quarter from a year earlier, boosted by the government's increased spending on infrastructure, the economic planning chief said on Thursday.
MANILA - The economy likely expanded by 6.3 percent to 7.3 percent in the third quarter from a year earlier, boosted by the government's increased spending on infrastructure, the economic planning chief said on Thursday.
Socio-economic Planning Secretary Ernesto Pernia said third-quarter growth would also show the impact of weak exports and investments.
Socio-economic Planning Secretary Ernesto Pernia said third-quarter growth would also show the impact of weak exports and investments.
The government is scheduled to release gross domestic product data on Nov. 17.
The government is scheduled to release gross domestic product data on Nov. 17.
The economy grew 7 percent in the April to June period, boosted by election spending. -- with ABS-CBN News
The economy grew 7 percent in the April to June period, boosted by election spending. -- with ABS-CBN News
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