AMRO affirms PH growth outlook

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THE Asean+3 Macroeconomic Research Office (AMRO) is maintaining its forecasts for Philippine growth, saying that this would be buoyed by investments and services exports, even as it trimmed the outlook for the region.

“We did not change the forecasts for the Philippines as with regard to GDP (gross domestic product),” AMRO chief economist Hoe Ee Khor said during the release of an October update to its regional outlook.

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