ADB retains PH growth outlook

Jul 18, 2024 12:38 am

THE Asian Development Bank has maintained its forecasts for Philippine economic growth, with this year's expansion in particular to be supported by lower inflation and interest rates.

In the July update to its Asian Development Outlook, the Manila-based lender retained its 2024 and 2025 growth projections for the country at 6.0 percent and 6.2 percent, respectively.

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