ManilaTimes-Jan 10

THE World Bank has maintained its Philippine economic growth forecasts for 2019 to 2021 on expectations that major infrastructure projects would be implemented in the next few years, but warned that trade and geopolitical tensions continue to pose risks. In its January 2020 “Global Economic Prospects Slow Growth, Policy Challenges” report released on Wednesday, the multilateral lender said it projected the Philippine economy to have grown to 5.8 percent in 2019, lower than the 6.2-percent expansion in 2018 and missing the government’s downwardly revised growth target of 6.0 to 6.5 percent.

Read more at: https://www.manilatimes.net/2020/01/10/business/business-top/world-bank-keeps-ph-growth-projections/673061/