DOMESTIC EXPANSION. The Asean+3 Macroeconomic Research Office (AMRO) hiked its 2022 growth forecast for the Philippine economy to 6.9 percent from 6.5 percent as the economy continues to reopen. AMRO chief economist Hoe Ee Khor said consumption, investments, and the services sector are also expected to boost domestic expansion. (PNA file photo) MANILA - The Asean+3 Macroeconomic Research Office (AMRO) has hiked its 2022 growth forecast for the Philippine economy amid slashing its projection for the Asean+3 on account of the Russia-Ukraine conflict and tighter global financial situation. It now sees a 6.9 percent expansion, as measured by gross domestic product (GDP), for the domestic economy this year, higher than its 6.5 percent projection last April. The 2023 projection, however, was kept at 6.5 percent. "The driver for this growth is basically the opening of the economy," AMRO chief economist Hoe Ee Khor said in a virtual briefing on Tuesday. He said growth will be also dr