


| Lockdown remnants to block Philippines recovery after deeper fall |
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MANILA, Philippines The Philippine economy is likely to grow slower this year after nose-diving to a deeper fall last year, trailing its peers in Southeast Asia because of expected persistent lockdowns that are likely to prevent an economic rebirth. Gross domestic product (GDP) likely slumped 9.6% year-on-year in 2020, worse than the 8.
Posted: 2021-01-26 14:56:00
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