World Bank projects 6% PH GDP growth
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NewsTranscript
00:00The World Bank is expecting the country's economy to grow by 6% this year.
00:05Its lead economist said the International Financial Institution had already factored in interest rate reduction by the Banco Central ng Pilipinas, or BSP, in its latest growth projection for 2024.
00:18Moreover, this shows a slight improvement in growth expectations from the June's projected growth of 5.8% for this year.