Philippine GNP grows

Mon, 02 Dec 1996 | Source: AFP

MANILA (AFP): The Philippines' gross national product (GNP) grew by 7.06 percent in the first nine months of 1996, Economic Planning Secretary Cielito Habito said here Saturday.

Habito also said that gross domestic product (GDP) grew by 5.44 percent in the same period. He did not give comparative figures.

Habito said that, based on these figures, they were projecting overall GNP growth for the whole of 1996 to hit 7.2 percent.

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