World Bank hikes PH growth forecast

By Eireene Jairee Gomez

Dec 07, 2022 12:41 am

THE World Bank on Tuesday raised its 2022 Philippine growth forecast, citing a better-than-expected expansion over the first nine months of the year.

The Washington-based multilateral now expects the country to grow by 7.2 percent, up from 6.5 percent previously, after gross domestic product expanded by just over 7.7 percent as of the end of September.

World Bank

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