ADB keeps 2024-2025 PH growth projections

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THE Asian Development Bank (ADB) is keeping its growth forecasts for the Philippines at 6.0 percent and 6.2 percent, respectively, for this year and the next.

“Most of the ingredients for the Philippines’ sustained economic growth are in place,” ADB Philippines Country Director Pavit Ramachandran said in a statement on Wednesday following the release of an update to the Manila-based lender’s Asian Development Outlook.

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