Recto: 2009 GDP growth at 3.7-4.4%
Posted at 02/25/2009 10:38 AM | Updated as of 02/25/2009 11:34 PM
The Philippine economy should grow 3.7-4.4 percent in 2009, Socioeconomic Planning Secretary Ralph Recto said in a presentation prepared for the country's economic managers on Wednesday.
Agriculture should grow 3-3.6 percent, industry 3.9-4.7 percent and services 3.8-4.5 percent, the presentation said.
The government had earlier forecast a GDP growth range of 3.7-4.7 percent.
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