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GDP’s slowdown ‘only temporary’ – Palace

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GDP’s slowdown ‘only temporary’ – Palace
GDP’s slowdown ‘only temporary’ – Palace
MANILA, Philippines — Malacañang on Friday said the slowed economic growth in the second quarter is “only temporary” and “does not determine the country’s long-term direction.” The Philippine Statistics Authority reported a 2.3 percent growth, down from 2.8 percent in the previous quarter. “We acknowledge that the coun