CREDITE rating firm Moody's Investors Service has lowered its 2021 growth forecast for the Philippines, still citing the coronavirus disease 2019 pandemic as a cause of uncertainty.
Moody's said in a report released on Wednesday that it expects the country's real gross domestic product (GDP) to increase by 5.8 percent this year, down from its previous estimate of 7 percent in January.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.