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‘Overheating’ risk exaggerated: NEDA
« on: April 26, 2018, 12:23:31 PM »
‘Overheating’ risk exaggerated: NEDA
12 hours ago

THE National Economic and Development Authority (NEDA) allayed concerns about imminent risks of overheating, saying that the country’s solid macroeconomic conditions and ongoing reforms make the economy ready for sustained and higher growth.

The World Bank, in its April 16 report “Philippines Economic Update: Investing in the Future,” cited the country as among the top three growth performers in the region, after Vietnam and China in 2017. It attributed the Philippine growth to the strong exports which rose sharply in 2017.

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