PH growth to remain one of region's highest

Jan 11, 2024 12:35 am

THE Philippines will remain one of the fastest-growing East Asia and Pacific (EAP) economies even as a slowdown in China weighs on the region's expansion, the World Bank said on Tuesday.

In its latest Global Economic Outlook, the Washington-based financial institution retained its estimate of 2023 growth of 5.6 percent and 2024 forecast of 5.8 percent for the country.

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