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Home News Item ADB hikes Philippines’ 2022 GDP forecast to 7.4 pct
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ADB hikes Philippines’ 2022 GDP forecast to 7.4 pct

december 14, 2022by Reacties uitgeschakeld voor ADB hikes Philippines’ 2022 GDP forecast to 7.4 pct

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MANILA, Dec. 14 (Xinhua) — The Philippine economy is forecast to grow faster in 2022, supported by stronger-than-expected domestic demand and a recovery in tourism, according to an updated Asian Development Bank (ADB) report released on Wednesday.

The latest supplement to the Asian Development Outlook 2022 says the Philippine economy will grow 7.4 percent in 2022, up from its September forecast at 6.5 percent,

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