The Philippine economy is “unlikely to gather steam” in 2019, a Fitch unit said, with growth expected to ease for a second straight year.
“[W]e maintain our forecast for real GDP (gross domestic product) growth in the Philippines to slow slightly to 6.1 percent in 2019, from 6.2 percent in 2018 and 6.7 percent in 2017,” Fitch Solutions said in a January 24 report issued following the government’s release of 2018 growth data.
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