PH Trade Official Upbeat Despite Weakening Peso

The Department of Trade and Industry (DTI) remains bullish about the growth prospects of the country’s exports, investment inflows and the overall economy throughout the year until 2017, despite the continued weakening of the peso, reports Inquirer.net. “We have a good economic momentum and we’re hoping (the gross domestic product) growth will stay at 7 percent,” Trade Secretary Ramon M. Lopez said.