2016-02-01
The best five-year economic expansion since the Marcos era puts the Philippines in a position to tackle the challenge of making growth felt by the poor, the chief economist of the Department of Finance (DOF) said.“Inclusive growth will continue to be a pressing socio-economic issue,” Finance Undersecretary Gil Beltran said in an economic bulletin yesterday.
“To sustain economic growth, more investment in infrastructure such as in power and transportation should be mobilized,” he added.
The 2015 growth figure, although slower than projected and lower than in 2014, brought the five-year average to 6.2 percent and capped what the Aquino administration said was the best economic performance since the late 1970s. Read more at www.philstar.com (Source : DFA PISU NewsCaps,30 Jan 2016)