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BusinessWorld E-paper

November 10, 2023

A RECOVERY in government spending helped the Philippine economy bounce back in the third quarter, putting it on track to post the fastest growth in Southeast Asia this year.

Preliminary data from the Philippine Statistics Authority (PSA) showed that gross domestic product (GDP) expanded by 5.9% in July to September, faster than 4.3% in the second quarter but slower than 7.7% a year earlier.

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