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Economy / Philippines

Macroeconomic Forecast Philippines

December 2005 | Macroeconomic Forecasts

We believe that the Philippines’ economy will grow by 4.7% in 2005, representing a slowdown from the 6.0% growth in 2004. The economy has performed relatively well this year, despite the country’s political scandals, with the government successfully bringing down the country’s budget deficit, while maintaining remittances at a record

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