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PH seen growing fastest in SE Asia

THE Philippines is expected to lead Southeast Asian growth this year and the next following latest Asian Development Bank (ADB) revisions to its forecasts. The Manila-based lender, in the July edition of its Asian Development Outlook, maintained its Philippine gross domestic growth (GDP) forecasts at 6.0 percent and 6.2 percent for this year and the next. Those for erstwhile leader Vietnam,...

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ADB Raises 2022 PH gdp Growth Forecast TO 6.5%

THE Philippine economy is forecast to grow faster than initially expected in 2022, following the relaxation of Covid-19 mobility restrictions in the country, the expansion of the vaccination program, and a rebound in investment and household consumption, according to a report released Thursday by the Asian Development Bank (ADB). The Asian Development Outlook (ADO) 2022 Supplement says the Phil...

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