Job creation remains PH’s biggest challenge – ADB

Improving business confidence and growing investment will fuel domestic production this year, but the Philippine government continues to face the key challenge of creating more quality jobs that will help reduce poverty and deliver inclusive growth, the Manila-based Asian Development Bank (ADB) said in a report.

In its annual economic publication—Asian Development Outlook 2014—released on Tuesday, the ADB said the Philippines’ strong economic growth is expected to continue this year, though slower than last year.