ADB maintains 5.7% growth forecast for the Philippines, fastest in Southeast Asia

December 13, 2023
Business
 Manila Standard Business
The Asian Development Bank (ADB) maintained its 2023 growth forecast for the Philippines at 5.7 percent, citing continued support from domestic demand. The ADB, in its December 2023 Asian Development Outlook (ADO) report, noted that the country’s gross domestic product (GDP) grew 5.9 percent in the third quarter and averaged 5.5 percent in the first […]
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