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