Philippine economic growth slowed to its lowest level in eight years, driven by a rapid deceleration in investment growth in the first half of 2019. GDP growth slowed from 6.3 percent year-on-year (yoy) in the first half of 2018 to 5.5 percent in thesame period in 2019, below government’s growth target of 6-7 percent for 2019. The slowdown was primarily driven by a contraction in nominal public investment due to the delayed passage of the 2019 national...
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INFORMATION
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2019/10/01
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Document de travail
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142521
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1
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1
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2019/10/10
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Disclosed
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Philippines Economic Update : Resuming Public Investment, Fast Tracking Implementation
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state-owned enterprise
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