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Philippines

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by International Monetary Fund. Asia Dept
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Philippines by International Monetary Fund. Asia Dept

This 2016 Article IV Consultation highlights that the Philippine economy has continued to perform strongly. Real GDP regained strength from a slowdown in mid-2015 to record a robust 5.9 percent growth rate in 2015 and 6.9 percent in the first half of 2016. Both consumption and investment grew rapidly, while net exports were held back by weak external demand. Job creation was also strong: the unemployment rate declined to 6.3 percent in 2015 and 6.0 percent in the first half of 2016. The outlook for the Philippine economy remains favorable despite external headwinds. Real GDP growth is expected at 6.4 percent in 2016 and 6.7 percent in 2017 on continued robust domestic demand and a modest recovery in exports.

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Ebook Details
Pages: 78
Size: 8.6 MB
Publisher: INTERNATIONAL MONETARY FUND
Date published:   2016
ISBN: 9781475541083 (DRM-EPUB)

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This product is listed in the following categories:

Nonfiction > Business & Economics > Money & Monetary Policy
Nonfiction > Political Science > Public Policy > Economic Policy
Nonfiction > Business & Economics > International > Economics

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Nonfiction > Business & Economics
Nonfiction > Business & Economics > Money & Monetary Policy
Nonfiction > Political Science > Public Policy > Economic Policy
Nonfiction > Business & Economics > International > Economics
Nonfiction > Business & Economics > Inflation
Nonfiction > Business & Economics > Finance
Nonfiction > Social Science
Nonfiction > Social Science > Disasters & Disaster Relief
Nonfiction > Business & Economics > Banks & Banking
Nonfiction > Business & Economics > Taxation
Nonfiction > Social Science > Third World Development

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12/09/2016
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