The World Bank has retained its current growth estimates for the Philippine economy on the continued impact of the coronavirus pandemic on the country.

In its “January 2021 Global Economic Prospects” report late Tuesday, the Washington-based multilateral lender said it still projected the country’s gross domestic product (GDP) to shrink by 8.1 percent in 2020.

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