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Return to pre-pandemic GDP seen by Q3 2022

THE Philippine economy will likely return to its pre-pandemic level by the third quarter of 2022, an economist from the Bank of the Philippine Islands (BPI) said.

'We agree with [Bangko Sentral ng Pilipinas] Governor Ben [Diokno] that we can return to 2019 GDP (gross domestic product) by the third quarter of 2022,' said BPI lead economist Emilio Neri Jr. in a virtual briefing on Tuesday.