The International Monetary Fund (IMF) has raised its outlook for the country's economic growth for this year and the last on the back of robust domestic consumption and investments, officials of the multilateral lender said Wednesday. "During 2012, the Philippine economy shrugged off weakness abroad by growing at around 6.5 percent while also maintaining price stability," Rachel Van Elkan, head of the IMF's mission to the Philippines, told reporters at a briefing in Pasay City. ...
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