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Philippines to grow by 4.5 pct in 2021: ADB

MANILA, Sept. 22 (Xinhua) — The Philippine economy is recovering but remains “fragile” because of periodically tighter COVID-19 mobility restrictions, particularly in Metro Manila, the Asian Development Bank (ADB) said on Wednesday.

An update to the Asian Development Outlook (ADO), the ADB’s widely followed economic publication, maintained the growth forecasts for the Philippines at 4.5 percent in 2021 and 5.5