00:00An economist said the country's economy is projected to expand by over 6% in the fourth
00:05quarter of 2024. According to Philippine News Agency's report, Rizal Banking Corporation
00:11chief economist Michael Rickford stated it will likely settle at 6.2%. Rickford further added
00:18that aside from consumer spending, which accounts for over 72% of the economy,
00:23the continued growth in the services sector likely boosted economic growth.
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