Inflation expected to dampen growth

May 08, 2023 12:47 am

AN investment house executive expects the country's growth to be modest this year, weighed down by inflationary pressures and high interest rates.

Eduardo Francisco, president of BDO Capital and Investment Corp., projected a 5.5 to 6.0 percent gross domestic product (GDP) for 2023, as growth slows down slightly for the rest of the year.

Eduardo Francisco, president of BDO Capital and Investment Corp.

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