The economic growth outlook remains positive. The country’s economic growth is projected to reach6.4 percent in 2019 and slightly edge up to 6.5 percent in 2020 and 2021, as inflation is expected to decline, and spending due to the upcoming midterm elections is likely to boost private consumption growth. Public investment growth is expected to be tempered in the first half of 2019 due to delays in approving the public budget, and is projected to recover...
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DETAILS
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2019/04/01
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Working Paper
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135673
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1
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1
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2019/04/01
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Disclosed
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Philippines Economic Update : Safeguarding Stability, Investing in the Filipino
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Citation
Philippines Economic Update : Safeguarding Stability, Investing in the Filipino (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/442801553879554971