Le previsioni di S&P, lusinghiere malgrado Yolanda

S&P: PH to become Asia’s best performer over next 2 years

flageconomy

 

The Philippine economy is expected to become Asia’s best performer over the next 2 years despite a drag from Typhoon Yolanda, a global debt watcher said.

While Standard and Poor’s Ratings Services (S&P) slightly lowered its growth forecast for the the country this year, the New York-based agency still sees the Philippines as being Asia’s best performer as growth elsewhere in the region, including China would be muted.

S&P revised its growth forecast for the Philippines from 7.1% to 7% – still at the high end of the government’s official target. However, S&P has estimated the economy to slow to 6.4% next year as rebuilding efforts after the massive typhoon are expected to drive the economy.

Previously, the Philippines is the only Asian economy to make it in S&P’s list of rising stars this year. Weighing growth in the country’s Asian neighbors are rising household debts in Thailand and Malaysia, and tighter access to money in Indonesia.

Informazioni su max moniaci

connecting italy and philippines
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