High rise buildings in Makati dwarf shanties in Barangay Viejo, Makati City as seen in this photo on Tuesday, Jan. 17, 2023. The World Bank cut the 2023 growth outlook for the Philippines to 5.4%—slower than the 5.6% initial projection. The Philippine Government is maintaining its 6-7% economic growth target.PHOTO BY MIKE DE JUANHigh rise buildings in Makati dwarf shanties in Barangay Viejo, Makati City as seen in this photo on Tuesday, Jan. 17, 2023. The World Bank cut the 2023 growth outlook for the Philippines to 5.4%—slower than the 5.6% initial projection. The Philippine Government is maintaining its 6-7% economic growth target.PHOTO BY MIKE DE JUANHigh rise buildings in Makati dwarf shanties in Barangay Viejo, Makati City as seen in this photo on Tuesday, Jan. 17, 2023. The World Bank cut the 2023 growth outlook for the Philippines to 5.4%—slower than the 5.6% initial projection. The Philippine Government is maintaining its 6-7% economic growth target.PHOTO BY MIKE DE JUAN