Tag: Gross National Product

IMF outlook for PHL economy remains “favorable despite external headwinds”

(Eagle News) — The International Monetary Fund’s outlook for the Philippine economy remains “favorable despite external headwinds.” In a statement, the IMF predicted the country’s Gross Domestic Product growth  at 6.6 percent for 2017 and 6.7 percent for 2018. It said this was “owing to continued robust domestic demand.” “Inflation is expected to stay near the center of the (Bangko Sentral ng Pilpinas’) target band due to stable commodity prices and well-anchored inflation expectations. The current […]