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GDP growth could fall below target in 2024 and 2025 – BSP blogaid.orgban site

PHILIPPINES’ economic growth may fall below the government’s target this year and in 2025 as high interest rates dampen domestic demand, the Bangko Sentral ng Pilipinas (BSP) said. “The outlook for domestic economic activity remains intact, even though the economy is expected to function slightly below potential levels. Economic growth could remain below the DBCC […]
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