World Bank raises PH growth forecast

Jun 08, 2023 12:35 am

THE World Bank has raised its 2023 growth forecast for the Philippines to 6.0 percent from 5.6 percent previously, citing strong domestic demand.

The Washington-based multilateral organization still expects a slowdown to follow, keeping its projections for 2024 and 2025 at 5.9 percent, figures released on Wednesday showed.

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