PH economy seen growing 6-7% in 2022
MANILA - The Philippine economy is expected to return to its 6 to 7-percent growth trajectory in 2022 after nearly two years of grappling with the pandemic despite the threat of the Omicron variant, according to the investment banking arm of the Metrobank Group. First Metro Investment Corporation (FMIC) said this year's economic growth will be driven by sustained domestic demand, easing inflation, election expenditures, and accelerated government spending on infrastructure projects. "Notwithstanding the ongoing pandemic, and Omicron sparking the third wave of infections, we are still ...
Source: philippinetimes.com