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× PH economic growth seen to recover

The UK-based Oxford Economics expects Philippine economic growth to rebound as the government finally spends its P3.7-trillion budget for 2019 after months of delay.


"GDP (gross domestic product) growth slowed sharply to 5.6 percent year-on-year in the first quarter of the year amid delays in public spending and a substantial drag from net exports," Oxford Economics director of global macroeconomic…