IMF slashes Philippines growth outlook to 0.6% this year
MANILA, Philippines — The International Monetary Fund (IMF) has lowered its economic growth forecast for the Philippines for this year, amid the coronavirus disease 2019 or COVID-19 pandemic. Based on the latest World Economic Outlook (WEO), the multilateral lending institution lowered its gross domestic product (GDP) growth forecast for the Philippines to 0.6 percent from […]
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