In 2017, the Philippines was among the top three growth performers in the region III. (1). _________________The Philippine economy grew from 6.9 percent year-on-year in 2016 to 6.7 percent year-on-year in 2017. (2)___________________Sustained economic growth is likely to continue to contribute to poverty reduction.(3)___________________. Under the assumption that6m the responsiveness of the poverty rate to economic growth is projected to decline from 27.0 percent in 2015 to 22.9 percent and 21.7 percent in 2018 and 2019, respectively. (4)___________________. These projections would imply a continuing trend of one million Filipinos being lifted out ofm poverty each year. (5)___________________.In 2020, growth is expected to level at 6.6 percent. (6)___________________The economy is currently growing at its potential, making a productive investment in physical and human capital essential so that the economy can continue to grow along its current growth trajectory. (7)___________________.In recent years, the Philippine economy has made great strides in delivering inclusive growth, evidenced by the declining poverty rates and a falling Gini coefficient. (8)___________________ Unemployment has reached historic low rates, but underemployment remains high, near its 18- 20 percent decade-long average. (9)___________________. Employment increased between 2006 and 2015, mean wages remained stagnant, with only a four percent increase in real terms over the same period. (10)___________________