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Export rebound seen to hasten return to pre-pandemic growth

MANILA, Philippines A stronger economic recovery in the third and fourth quarters due to the expected rebound in exports may hasten the return of the Philippines back to pre-pandemic level by the third quarter of 2022, according to Moody’s Analytics. Steve Cochrane, chief economist for Asia Pacific at Moody’s Analytics, said the Philippines’ real gross domestic product (GDP) level may exceed its pre-pandemic level in the third quarter of 2022.. ....

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