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ASIA
Published: 20 Jul 12
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Philippines GDP forecast to grow by 4.6%The Philippine government needs to boost spending on infrastructure, education, and health, says the World Bank. OCBC Treasury Research noted:
The World Bank expects GDP to grow by 4.6% this year, according to their latest quarterly report. It added that the government needs to boost spending on infrastructure, education and health to maintain decent growth to benefit the poor.
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