BusinessWorld E-paper
![](https://bworld-x.com/wp-content/uploads/2023/06/S1-1-Page-1-06.06.23-1-pdf-595x1024.jpg)
June 06, 2023
THE PHILIPPINES is on track to growby as much as 7% this year, but a global economic slowdown amid tighter monetary conditions and elevated inflation is a key risk, according to the central bank.
The Philippine economy’s growth prospects remained “favorable” in the near term, the Bangko Sentral ng Pilipinas (BSP) said in an e-mailed reply to questions.