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Philippine President Expects Continued High-Speed Economic Growth

Philippine President Expects Continued High-Speed Economic Growth

Philippine President expects continued high-speed economic growth. Find the best immigration news on the Worldway Immigration official website.

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 Follow Philippine investment immigration and stay updated on Philippine financial trends:

According to a report by the Philippine Daily Inquirer on June 4, Socioeconomic Planning Secretary Arsenio Balisacan stated that the 7.8% GDP growth in the first quarter was primarily driven by the manufacturing sector (up 9.7%) and the construction sector (up 32.5%), indicating that the economy is moving onto a new trajectory. President Benigno Aquino III stated that the economic growth rate in the second quarter will maintain this momentum and may even be higher.

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