Manila, Philippines – Jun Trinidad, a Citigroup economist has urged the Philippine government to invest more on infrastructure to increase savings rates and upgrade the quality of institutions in order for their country to qualify as one of the global growth generator countries.

With the GDP or gross domestic product of the Philippines predicted to reach the 5.5 percent this year, Citigroup is seeing into the future of the Philippines becoming a part of the global growth generator group in the following years.

With countries such as Bangladesh China, Egypt, India, Indonesia, Iraq, Mongolia, Nigeria, Sri Lanka, Vietnam, Philippines has also been identified as a global growth generator country just like the ten countries previously mentioned.

Quality of institutions and policies, trade openness, domestic savings and investments, demographic prospects, health and education, are just some of the indicators used to come up with the global growth generator index.

The Philippines should pass the PPP or public-private partnership law and other measures that could sustain economic growth according to Trinidad in order for the forecast of the bank to be on the cards.