A Bangko Sentral ng Pilipinas (BSP) official said on Monday monetary authorities forecast Philippine economic growth to hit 6 percent in the second quarter, a projection shared by the First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P).
On the sidelines of the Pre-State of the Nation Address (SONA) Economic and Infrastructure Forum at the Philippine International Convention Center in Pasay City, BSP Deputy Governor Diwa Guinigundo — who was to retire on Tuesday — said the central bank was “looking at about 6-percent (growth)” for April-to-June.
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