PHL is fastest growing economy in Asia, next to China: Best in recent decades

[CAPTAIN NAUTILUS]

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PHL is fastest growing economy in Asia, next to China: Best in recent decades



“Philippine economy grew by 6.9 percent in the last quarter of 2014, pushing the average full-year growth to 6.1 percent, and maintaining the country’s trajectory towards a path of high growth,” Socio-economic Planning Secretary Arsenio Balisacan said in a press statement today.

Though 2014’s 6.1 percent GDP was slightly lower than the 6.5 to 7.5 percent GDP growth forecast, Philippines ranked second next to China with 7.4 percent and slightly higher than Vietnam with 6.0 percent.
“Growth in the fourth quarter of 2014 appears to be broad-based as all three major productive sectors – the agriculture, industry, and services sectors – have shown positive and robust growth during the period. Most notable is the recovery of the agriculture sector, which significantly grew by 4.8 percent in the fourth quarter of 2014 from the 0.9 percent growth in the same period in 2013,” Balisacan noted.
Presidential spokesman Secretary Edwin Lacierda said “the welcome news about our economic expansion once more reaffirms the resounding truth that good governance is good economics.”
This can be considered as the best three consecutive years (2012 with 6.8, 2013 with 7.2 and 2014 with 6.1) in most recent decades.

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PHL is fastest growing economy in Asia, next to China: Best in recent decades | Ang Malaya Net

[kit_cebu]

dool raning storyaa sa "according to Bandera"...

Kaon tae pnoy/mar/phil govt!

[makal34]

sugod nag bandera ang GDP boys..wala nay lain balita dha GDP lng ghpon..

[aenigma143]

nanimahong tae lang ning balitaa

maypa mag masiao

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ikalipay unta nako kay mosako intawon og gamay akong stocks pero kung madayun ang BBL unya magkagubot(for sure) pila kaha ang ina-ug napod ani

[CAPTAIN NAUTILUS]

GDP is an indication for a countries growth. It's more on the economic side. - current events section of the forum - not talking about politics here.

OT: Murag illegal man ng masiao tingale?

[prodigeek]

Fastest? Naks! I hope so...

[mokiloo]

^^^
Pinaka Fastest kaayo kay mismo ang Philippine masses nabiya-an gud ang wa na gyud kaapas!

[emailroy2002]

fastest pero next to china diay? amawa headline
..

ang sakto 2nd fastest... not thr fastest

[prodigeek]

Ang mga politiko ra ang fastest sa pangurakot

[rickflag]

Puro ra praise release. Mag survey ta ani kung naka feel ba mo nga nilambo atong economy. Komusta man ang atoang inflation rate? Dako na kaaug rollback sa gasoline pero basic commodities mahal pa gihapon.