THE ASIAN Development Bank (ADB) cut its growth forecast for the Philippines to 6% this year, as elevated food prices continue to stoke inflation. In the latest Asian Development Outlook report released on Thursday, the ADB said it lowered its Philippine gross domestic product (GDP) growth projection to 6% for this year from the 6.2% […]
THE ASIAN Development Bank (ADB) cut its growth forecast for the Philippines to 6% this year, as elevated food prices continue to stoke inflation. In the latest Asian Development Outlook report released on Thursday, the ADB said it lowered its Philippine gross domestic product (GDP) growth projection to 6% for this year from the 6.2% […]