EXPERTS predict that the world economy will grow by 3 percent in 2023. But if the financial sector stress continues, global growth could decelerate to 2.5 percent.
Economists expect the Philippines to grow by 5.8 percent to 6.0 percent, or perhaps higher, in 2023. The growth will be driven by sustained "strong private consumption spending, an upturn in government infrastructure spending and improving remittance inflows."
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