Ekonomiya ng Pilipinas, posibleng lumago sa 6-6.2% sa kabila ng magkakasunod na bagyong nanalasa sa bansai

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00:00It is possible that the Philippine economy will grow by more than 6.6% in the last quarter of the year,

00:05despite the upcoming typhoon that hit the country.

00:09According to an expert, FRM Gaitos of Radio Pilipinas in Balitang Pambansa.

00:17It is possible that the Philippine economy will grow by more than 6% to 6.2% in the last quarter of the year,

00:23despite the upcoming typhoon.

00:26According to RCBC Chief Economist Michael Rickafort,

00:29although the typhoon Pinsalas, from the strong typhoon Christine to the typhoon Pepito,

00:35was able to cover the country's high government spending.

00:39In particular, the rehabilitation of various sectors affected by calamities that the government funds.

00:47In terms of accelerated spending on various government projects and programs,

00:52expedite completion, especially before the election.

00:56This is also included in the increase in consumer spending due to the holiday season

01:01and the upcoming election next year.

01:04The data, the numbers, we have seen continued growth in all of the remittances.

01:10The Christmas-related spending during the holidays,

01:14that's one of the highest, if not the highest, when it comes to sales by many businesses and industries

01:20and also by spending by consumers.

01:23This is why the entire business sector remains positive

01:27despite the impact of the next typhoon,

01:29the economy of the Philippines remains stable, strong, and vibrant.

01:35From PBS Radio Pilipinas, Efraim Gaitos for Balitang Pambansa.

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