Tuesday, December 17, 2013

Philippines sees high growth despite typhoon

MANILA: The Philippine economy should grow 7.0 percent this year and between 6.5 and 7.5 percent next year despite the devastation caused by a killer typhoon and an earthquake, the government said today. Economic planning minister Arsenio Balisacan said that while losses in agriculture caused by Super Typhoon Haiyan in November were expected to hit growth in the near term, rebuilding would ... More here: Philippines sees high growth despite typhoon

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