Philippines Growth Slumps to Four-Year Low on Graft Scandal

Philippines Growth Slumps to Four-Year Low on Graft Scandal



Philippines Growth Slumps to Four-Year Low on Graft Scandal
The Philippines’ growth dramatically decelerated in the third quarter, missing all economist estimates, as a corruption scandal triggered protests, hurt investor sentiment and led officials to hit the brakes on key projects. The peso fell.


www.bloomberg.com
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