, Philippines

Philippine growth potential 'huge'

The economy is forecast to grow by more than 6%.

OCBC Treasury Research noted:

Finance Secretary Purisima asserted that Philippine growth potential is huge and that the economy is able to grow by more than 6% in the future.

Added that there is no plan to change the 2013 budget deficit, which is expected to be slightly lower than 2.6% of GDP for now.

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