188体育

The state think tank Philippine Institute for Development Studies (188体育) said the Aquino administration cannot afford to repeat its spending policy in 2011 when the money spent by the government contracted by 2.1 percent, resulting in a slower 3.9-percent economic expansion. The 188体育 said public-construction spending should be combined with election-related spending to improve the country鈥檚 chances of sustaining an economic growth of over 6 percent. 鈥淒omestic sources of growth will be important because global economic conditions continue to remain fragile.