INQUIRER.net: PH expected to outperform regional rivals

INQUIRER.net Philippine News for Filipinos

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PH expected to outperform regional rivals Aug 14th 2013, 23:38 MANILA, Philippines—American banking giant Citigroup sees the Philippines outperforming neighbors in the region and better withstanding external shocks arising from the tapering of the US Federal Reserve's easy money policy and a slowdown in China.   The Philippines can attain an above-trend gross domestic product (GDP) growth rate of 7 percent this year and 6.8 percent for next year, said Johanna Chua, the managing director and head of Asia-Pacific economic and market analysis at Citi.   The Hong Kong-based Filipino economist said the Philippines was beating global growth forecast trends and that the stage was set for an investment-led recovery in the country... Keep on reading: PH expected to outperform regional rivals Media files: construct.jpg (image/jpeg)

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