Read this in The Manila Times digital edition.
THE Asian Development Bank (ADB) said on Wednesday it is maintaining its 6.5-percent growth outlook for the Philippine economy this year, fueled by the country's recovery from the Covid-19 pandemic.
The Asian Development Outlook 2022 Update added that the growth projection for 2023 is kept at 6.3 percent as monetary policy tightening and accelerating inflation will affect domestic demand.
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