Bloomberg News

Philippines Expects ‘Very Strong Growth’ in Next Few Years

September 29, 2011

Sept. 30 (Bloomberg) -- The Philippines expects “very strong” economic growth in the next few years on the back of government spending and private investments, Economic Secretary Cayetano Paderanga said in a forum in Manila today.

The country may sell state-owned companies with commercial functions, Finance Secretary Cesar Purisima said, without citing any specific agency.

To contact the reporter on this story: Max Estayo in Manila at mestayo@bloomberg.net

To contact the editor responsible for this story: Cecilia Yap at cyap19@bloomberg.net


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