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Philippines to post robust growth despite inflation pressures: ADB

MANILA, April 4 (Xinhua) — Philippine economic growth is expected to remain in a healthy expansion mode this year from 2022’s forecast-beating outturn, underpinned by rising domestic demand and a recovery in services, particularly tourism, according to a new Asian Development Bank (ADB) report released on Tuesday.

Asian Development Outlook (ADO) April 2023, the ADB’s flagship economic publication, expects the P