Finance Secretary Carlos Dominguez 3rd speaks during the Philippine Economic Briefing at the Philippine International Convention Center in Pasay City on Tuesday, April 5, 2022. PHOTO BY JOHN RYAN BALDEMOR
Finance Secretary Carlos Dominguez 3rd speaks during the Philippine Economic Briefing at the Philippine International Convention Center in Pasay City on Tuesday, April 5, 2022. PHOTO BY JOHN RYAN BALDEMOR

THE World Bank said if the Russia-Ukraine crisis continues, Philippine economic growth might slow down to as low as 4.9 percent, trapping 6 million more people in poverty this year.

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