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PH economic growth seen picking up in H2

ECONOMIC activity is expected to pick up in the last six months of 2023 but full-year gross domestic product (GDP) growth will come in below target, private sector economists said.

Government spending will help drive the acceleration along with a rebound in employment, they said in the latest edition of First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific's (UA&P) The Market Call report.