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The sickman of Asia, the Philippines will be among the powerful economy in the next decade

Cultural Center of the Philippines
Cultural Center of the Philippines
Manila, Philippines – The country is poised to become one of the powerful economy in the coming decades with its surging dollar remittances from Filipino global workforce and its lucrative outsourcing businesses which contributed almost USD25 billion dollars a year to the Philippines economy.

ADB Asian Development Bank quoted from Philippine Daily Inquirer, the country will continue to improve its economy and considered to be among the best performer this year and till 2018.

With its improving security and tighter overseeing against drugs, the Filipinos will harness stability and spend less on incessary security defense.

The sickman of Asia will be the powerful economy in Asia in the next decade.