Filipinos’ wallets fatter, but PH still among Asia’s poorest

Filipinos’ wealth rose in 2023—just not enough to pluck the Philippines out of the group of poorer economies in the region, insurer Allianz Global said in a new report. Allianz Global said net financial assets per capita in the Philippines grew by 13.2 percent year-on-year to 1,940 euros (P121,000 based on current foreign exchange rates)
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