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economic forecast 2022

PH seen to sustain 4-5% growth this decade

Growth-wise, the Philippine economy is performing in the middle of the pack in Southeast Asia, where United States-based management consulting firm Bain & Company sees a rosy picture for the rest of this decade. In a joint report released in partnership with Singapore-based Monk’s Hill Ventures, Bain & Company said the Philippine gross domestic product …

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ADB Raises 2022 Growth Forecast for the Philippines

MANILA, PHILIPPINES  — The Philippine economy is forecast to grow faster than initially expected in 2022, following the relaxation of COVID-19 mobility restrictions in the country, the expansion of the COVID-19 vaccination program, and a rebound in investment and household consumption, according to a report released today by the Asian Development Bank (ADB). The Asian …

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