PH GDP grew 5.8% in 2015

The Philippine economy grew 5.8 percent in 2015, slower than the annual rate of 6.1 percent posted in 2014, the government reported Thursday.

In the fourth quarter, the gross domestic product (GDP) expanded by 6.3 percent.

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The government missed its projection of “realistic” 6-percent growth for last year. The official target for 2015 was 7-8 growth. CDG

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