Banking on private and public consumption and investments, the economy is expected to grow by over 7 percent in the third quarter, a Philippine official said Tuesday.It "may hit above 7 percent GDP (gross domestic product) growth in the third quarter," Arsenio Balisacan, National Economic and Development Authority director general, told reporters at the sidelines of the National Convention in Statistics.Government is trying to goad an economic growth beyond the actual 6.8 percent achieved in 2012.The economy grew by 7.6 percent in the first half, the fastest in Southeast Asia. ...
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