Macroeconomic Forecast Philippines

BMI's poll of the International Monetary Fund, the Asian Development Bank and seven investment banks produces a GDP growth forecast for 2005 of 4.6%, compared with our previous forecast of 4.7%. According to its latest World Economic Outlook, the IMF is now forecasting growth in the Philippines at 4.7% in 2005, and 4.8% in 2006. BMI, meanwhile are forecasting growth of 4.7% this year, followed by growth of 4.1% in 2006

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