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                    [Title] => WB upgrades RP growth outlook to 5.5% this year
                    [Summary] => 



The World Bank revised its 2006 growth forecast for the Philippines to 5.5 percent from 5.3 percent, citing recovery in the agriculture sector, steady export growth and strong remittances from overseas Filipino workers.


In its latest twice-yearly growth outlook on East Asia, the bank also upgraded its 2007 gross domestic product (GDP) forecast to 5.7 percent from 5.6 percent, pointing out that the Philippines can withstand a possible slowdown in the US economy.


                    [DatePublished] => 2006-11-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1480108
                    [AuthorName] => Ma. Elisa Osorio 
                    [SectionName] => Business
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SANJAY DHAR

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                    [ArticleID] => 368849
                    [Title] => WB upgrades RP growth outlook to 5.5% this year
                    [Summary] => 



The World Bank revised its 2006 growth forecast for the Philippines to 5.5 percent from 5.3 percent, citing recovery in the agriculture sector, steady export growth and strong remittances from overseas Filipino workers.


In its latest twice-yearly growth outlook on East Asia, the bank also upgraded its 2007 gross domestic product (GDP) forecast to 5.7 percent from 5.6 percent, pointing out that the Philippines can withstand a possible slowdown in the US economy.


                    [DatePublished] => 2006-11-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1480108
                    [AuthorName] => Ma. Elisa Osorio 
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WB upgrades RP growth outlook to 5.5% this year

By Ma. Elisa Osorio  | November 15, 2006 - 12:00am

The World Bank revised its 2006 growth forecast for the Philippines to 5.5 percent from 5.3 percent, citing recovery in the agriculture sector, steady export growth and strong remittances from overseas Filipino...

Business