Pre-pandemic GDP seen by next year

By Anna Leah E. Gonzales

Aug 17, 2021 1:20 am

The Philippine economy will likely be back to its pre-pandemic level next year but further lockdowns could delay the recovery to 2023, an economist from Rizal Commercial Banking Corporation (RCBC) said.

'We're estimating a return to pre-Covid levels for the economy by the latter part of next year,' Ricafort said in a briefing on Monday.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Top Line cuts IPO price, size amid 'tough' market

Trump stirs tariff pot by issuing fresh threats

BSP seen 'mirroring' Fed's rate-setting moves

NFA: Additional P9B needed for rice buffer

Peso slips; PSEi gains due to bargain-hunting

BCDA, Philtower tie up to improve connectivity

Food emergency could lead to higher inflation