BANGKOK (AP) – Asian economies are not doing as well as they could and growth in the region is forecast to slow to 4.5 per cent this year from 5.1 per cent in 2023, the World Bank said in a report released yesterday. Debt, trade barriers and policy uncertainties are dulling the region’s economic dynamism […]
THE World Bank has cut its 2023 growth forecast for the Philippines to 5.6 percent from 6.0 percent, citing persistent high inflation, stringent financial conditions, and a challenging global environment.
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