![default_image](https://theloadstar.com/wp-content/uploads/13922cb295c5b0149c044ccb586fe589-680x0-c-default.jpg)
The IMF says the Philippines is the only country in the world likely to exceed its previous GDP growth forecast, and it is now the strongest growing economy in south-east Asia. It has record reserves of foreign currency, and has outlined its most ambitious infrastructure budget next year – much of which will go into ports, airports and road and rail projects. In terms of exports, semi-conductors and electronic data processing equipment have led the way.