Asian Development Bank and World Bank Optimistic about Philippine Economy in 2022

The Asian Development Bank (ADB) and the World Bank have forecast that the Philippines’ economic growth outlook for 2022 will be higher than the 5.6% in 2021, the Manila Times reported on 2nd. Kelly Bird, the head of Asian Development Bank of the Philippines, said that the growth rate is expected to be 6.0% in 2022.

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