


| ADB expects PH economy to contract 3.8% in 2020 |
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It was also a downward revision from the 2-percent growth estimated made by the bank in April 2020. The latest forecast was contained in the supplement to ADB’s annual flagship economic publication, the Asian Development Outlook 2020. The expected 3.8-percent contraction of the Philippine economy this year is better than the -6.
Posted: 2020-06-18 14:40:00
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