He added that the”Build Build Build” program will continue its momentum in providing more opportunities such as investments, job creation, connectivity and dependable delivery of public services. First-quarter GDP growth came in at 6.8 percent, faster than the revised 6.5 percent growth posted in the previous quarter and the 6.5 percent growth seen in the first quarter of last year. London-based consultancy firm Capital Economics raised its GDP growth forecast to 6.5 percent from 6 percent. While domestic demand will be buoyed by a ramp up in infrastructure spending, the economy faces a number of headwinds,” it said. Malacañang on Thursday hailed the country’s GDP growth in the first quarter of 2018.

Source: Manila Times May 10, 2018 16:07 UTC