Daily News

PH economy to grow 6.2-6.6% in 2020

Strong domestic demand despite increasing global uncertainty is expected to help the Philippine economy rise to between 6.2 and 6.6% this year. The investment banking arm of the Metrobank Group explained this demand would be underpinned by increased consumer spending and the government’s plan to bring infrastructure spending to 5.7 percent of the country’s gross domestic product (GDP).