WB raises PHL’s 2024, 2025 growth forecasts
THE World Bank (WB) has raised its economic growth forecasts for the Philippines for this year and in 2025, driven by improved service exports and public investments. But weak consumption and investment will keep the country’s growth below pre-pandemic levels, it said. In its East Asia and Pacific Economic Update, the Washington-based multilateral lender now […]
T. Kauer 
THE World Bank (WB) has raised its economic growth forecasts for the Philippines for this year and in 2025, driven by improved service exports and public investments. But weak consumption and investment will keep the country’s growth below pre-pandemic levels, it said. In its East Asia and Pacific Economic Update, the Washington-based multilateral lender now […]
