BSP bullish on GDP growth

28 Oct

By Paolo G. Montecillo

The Philippine economy will likely sustain or even surpass its first semester growth until the end of 2013, buoyed by positive business and consumer sentiment that has resulted in industrial production and consumer consumption.

Most of the economic indicators tracked by the Bangko Sentral ng Pilipinas (BSP) pointed to signs that the country’s growth for the year would likely breach official government targets.

“The safe way to say it is that we will be close to 6 to 7 percent. After all, we already did over 7.5 percent in the first half,” BSP Deputy Governor Diwa C. Guinigundo said late last week.

Full Story: http://adf.ly/YNarm

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: