(MENAFN) The Philippine Statistics Authority said that the gross domestic product (GDP) in the country increased 7.2 percent last year, following a 6.8 percent growth in 2012, The Peninsula Qatar reported
The strong recovery will help bring the country's President closer to his goal of a GDP growth of 8.5 percent by 2016
An economist at UBS AG said: "The Philippine economy clearly still has strong momentum despite the typhoon.
In the fourth quarter of 2013, the Philippine economy grew by 6.5 percent versus 6.9 percent in the quarter before it
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