MANILA: The World Bank expects Philippine economic growth to bounce back in the next two years after a worse-than-projected decline in output in 2020, as the country gradually eases coronavirus curbs to allow for more business activity.
The South-East Asian economy is forecast to grow 5.9% next year, the World Bank told a media briefing, stronger that its earlier forecast of 5.3%, and gain more momentum in 2022, with growth projected at 6%.
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