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S&P cuts 2024 PH growth forecast to 5.7%

By Inquirer - 2 months ago
S&P Global Ratings has trimmed its growth forecast for the Philippines this year, but at the same time increased the estimate for 2025. In a statement on Tuesday, the debt watcher placed the country’s gross domestic product (GDP) growth at 5.7 percent this year, a tad lower than the 5.8 percent previously. Meanwhile, it increased

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