00:00 The World Bank forecasts the Philippine economy to grow faster this year,
00:03 despite the expected slowdown of economies in East Asia and the Pacific.
00:08 Aditya Matu, economist for East Asia and the Pacific World Bank, says the multilateral
00:14 financer sees the Philippine economy growth at 6.5 percent, higher compared to WB's earlier
00:20 projection of 5.7 percent. The latest estimate from World Bank is also within the target range
00:26 of the Marcos administration, which is at 6.5 to 8 percent range.
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