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Philippines to grow 5.8% in 2015: World Bank

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Published Mon, Oct 5, 2015 · 09:50 PM

Manila

ECONOMIC growth in the Philippines is expected to be 5.8 per cent in 2015, according to a World Bank report released on Monday.

The report said that "lower 2015 growth takes into account the relatively weak first-half growth brought about by slow government spending, negative net exports and the initial impact of El Nino".

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