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NEDA: Imports temporary, focused on raising output - BusinessWorld Online

NEDA: Imports temporary, focused on raising output - BusinessWorld Online
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Higher spending to hasten Philippine economic growth

Our economy grew just grew 4.3 percent year-on-year in the second quarter of 2023 amid the challenging global environment and elevated inflation and interest rates. It is slower than the 6.4 percent in the first quarter, bringing the average expansion in the first semester to a still impressive 5.3 percent.…

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