THE World Bank expects the Philippine economy to start recovering in the next two years as the country eases quarantine restrictions, allowing more industries to resume operations. The multilateral lender…
Finance Secretary Carlos Dominguez III on Thursday, April 11, said the Philippines is set to become an ‘upper-middle-income’ economy this year with the assistance of the World Bank (WB). According…
The World Bank stated in its “Piecing Together the Poverty Puzzle“ report issued on Wednesday, October 17, that nearly half of the world’s population is struggling to meet their basic…
MANILA, July 13, 2018 – The World Bank maintains its 6.7 percent growth forecast for 2018 and 2019 despite rising global uncertainty. Considering recent economic data, the composition of expected…
In terms of economic growth, the World Bank (WB) expects that the Philippines will continue to outpace its neighboring countries in Southeast Asia for the next three years. In its…
