World Bank trims 2018-19 PH growth forecasts

Dec 21, 2018 1:58 pm

THE World Bank trimmed its Philippine growth forecasts for this year and the next, citing recent economic trends.

'As part of its forecasting exercise, the World Bank has updated its growth projections for the Philippines to 6.4 percent in 2018 and 6.5 percent in 2019,' the Washington-based multilateral institution's Manila office said in a statement released on Friday.

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