Home » Blog » ADB upgrades 2022 economic growth forecast for Philippines to 6.5%on July 21, 2022 at 11:40 am on July 21, 2022 at 11:40 am

ADB upgrades 2022 economic growth forecast for Philippines to 6.5%on July 21, 2022 at 11:40 am on July 21, 2022 at 11:40 am

ADB upgrades 2022 economic growth forecast for Philippines to 6.5%on July 21, 2022 at 11:40 am on July 21, 2022 at 11:40 am

Citing its Asian Development Outlook 2022 Supplement, the multilateral lender said the country”s economy as measured by gross domestic product (GDP) –the total value of goods and services produced in a country in a specific period– will grow by 6.5% in 2022.The ADB”s latest projection is an upgrade from the 6% growth it forecasted in April, when it released its flagship publication, the Asian Development Outlook.Citing its Asian Development Outlook 2022 Supplement, the multilateral lender said the country”s economy as measured by gross domestic product (GDP) –the total value of goods and services produced in a country in a specific period– will grow by 6.5% in 2022.The ADB”s latest projection is an upgrade from the 6% growth it forecasted in April, when it released its flagship publication, the Asian Development Outlook.Read More

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