


| Philippines Plunges Into Recession and Cuts 2020 GDP Outlook |
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(Bloomberg) -- The Philippine economy suffered its deepest contraction on record in the second quarter and revised down its forecast for the year amid one of Asia’s strictest lockdowns against the coronavirus. Gross domestic product shrank 16.5% from a year ago, according to the national statistics....
Posted: 2020-08-06 06:43:00
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