Reforms could help transform Philippines into middle-class society by 2040: World Bank


MANILA: Strategic reforms to boost job creation could help transform the Philippines into a middle-class society by 2040, according to a new World Bank report released on Tuesday (July 15).

The report said that a new playbook focused on creating more and better-paying jobs is increasingly urgent as the country confronts a new global context characterized by global uncertainty, rapidly evolving technologies with significant implications for jobs, and recurrent climate shocks.

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Philippines , world bank , economy , reforms , jobs

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