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01/10/2022

Philippine President Ferdinand Marcos Jr. secured $4 billion in investment pledges from his US visit, lower than the commitments he got from recent trips to Southeast Asian neighbors.

25/09/2022
PHILIPPINES LEADS SOUTHEAST ASIA ECONOMIC GROWTH 2022 AT 6.5% GDPAsian Development Outlook (ADO) 2022 Update: Key Messag...
22/09/2022

PHILIPPINES LEADS SOUTHEAST ASIA ECONOMIC GROWTH 2022 AT 6.5% GDP

Asian Development Outlook (ADO) 2022 Update: Key Messages

Growth forecasts are revised down from the projections made in April, to 4.3% for this year and to 4.9% for next year.

Inflation in developing Asia, while remaining lower than elsewhere in the world, is increasing amid higher energy and food prices. The regional inflation forecast is raised to 4.5% for this year and 4.0% for next year.

Several downside risks loom large. A sharp deceleration in global growth, stronger-than-expected monetary policy tightening in advanced economies, the Russian invasion of Ukraine escalating, a deeper-than-expected deceleration in the People’s Republic of China (PRC), and negative pandemic developments could all dent developing Asia’s growth.​
https://www.adb.org/outlook

Yet PHILIPPINES maintained at 6.5% despite the downgrade

Philippines GDP Growth
2019 6.1 %
2020 -9.5 %
2021 5.7 %
2022 Forecast (ADO 2022) 6 %
2022 Forecast (ADO Update 2022) 🙏6.5 %
2023 Forecast (ADO 2022) 6.3 %
2023 Forecast (ADO Update 2022) 6.3 %

https://www.facebook.com/METAPBBM111/posts/pfbid0YPSdEaCL6oabavqdC6TfBm5b2rbVoBqfNqqoSGTxKqBwErVBkBT5Yt4k4rNmKFm2l

Developing Asia’s recovery continues, but the outlook is worsening. Growth forecasts are revised down from the projections made in April, to 4.3% for this year and to 4.9% for next year.

20/09/2022

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