The Philippines has a good chance of emerging as one of the major economies in the world if it sustains its rapid growth over the next 35 years, global consulting firm PricewaterhouseCoopers (PwC) said in a report.

In the latest update to its “World in 2050” report, PwC said the country could jump to the 26th rank by 2030 from its 28th position in 2014, before climbing to the 20th spot by 2050.

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