Finance Secretary Cesar V. Purisima: The Philippines grew 6.5% in the last quarter of 2013 or at an astounding 7.2% for the full year. This is the country’s highest growth rate since 2010, above the 6-7% target set by the Development Budget Coordinating Council, and the 8th consecutive quarter with above 6% GDP growth during the Aquino administration. This growth demonstrates the resilience of the country even despite a slew of natural calamities that hit the nation in the last quarter of 2013. Read, in full, the Finance Secretarys statement on the 2013 fourth quarter GDP growth: gov.ph/2014/01/30/statement-secretary-of-finance-on-the-2013-fourth-quarter-gdp-growth/
Posted on: Thu, 30 Jan 2014 04:50:10 +0000
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