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WB ups PH 2022 growth estimate

THE Philippine economy is seen to grow at 6.3 percent this year despite the expected slowdown in East Asia and the Pacific, the World Bank said on Tuesday.

In a press briefing, Aaditya Mattoo, chief economist at World Bank East Asia and the Pacific, said the latest gross domestic product growth estimate for the Philippines is higher than the 5.7 percent announced in April.