Gov’t Gives False Hopes: Remittances To Boost Yearend Growth

November 30, 2009

Whole-year growth prospects are further diminished by the lack of recovery in export-oriented manufacturing due to sluggish global growth and the impact of recent typhoons Ondoy and Pepeng on agriculture performance… While government remains optimistic that remittances and Christmas spending will help pick up the economy after weak third quarter growth, research group IBON said […]