The World Bank Group maintained its growth forecast for the Philippine economy at 6.4 percent this year, citing public-private partnership (PPP) projects and election-related spending as economic drivers.

The Washington-based lender’s expectations are below the official 7 percent to 8 percent target of the government. The WB released its forecast with the newly launched January 2016 Global Economic Prospects report.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details