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Maybank sees PH hitting 2022 growth

MAYBANK Investment Banking Group expects the Philippine economy to rebound by 7 percent this year, but warns that the Covid-19 pandemic and other external factors remain as wild cards.

'We are looking at Philippines growth to firm up to 7 percent this year from our estimate of 5.5 percent last year,' said Suhaimi Bin Ilias, the investment bank's chief economist, during a webinar on Wednesday.