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ADB sees 6.5 pct growth for Philippines in 2022

MANILA, Sept. 21 (Xinhua) — A strong rebound in domestic demand with the easing of COVID-19 pandemic mobility restrictions in the Philippines will support 6.5 percent growth for the Southeast Asian country’s economy in 2022, despite higher inflation due to global and local price pressures, according to an updated Asian Development Bank (ADB) report released on Wednesday.

The Asian Development Outlook 2022 Updat