State spending on infrastructure and related sectors, along with the upcoming elections, will help drive economic growth to 6.7 percent next year, the Philippine Chamber of Commerce and Industry (PCCI) said on Thursday.
“Our country continues to enjoy strong macroeconomic fundamentals, enabling us to weather external headwinds. Our economic outlook for 2019 is still strong backed by robust consumer spending and stronger government expenditures,” the business group said in a statement.
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