BusinessWorld E-paper
![](https://bworld-x.com/wp-content/uploads/2023/09/S1-1-Page-1-09.26.23-3-pdf-595x1024.jpg)
September 26, 2023
THE PHILIPPINE ECONOMY will likely expand by just 5.2% this year as high inflation and the lagged impact of the central bank’s aggressive monetary tightening dampen growth, S&P Global Ratings said.
The debt watcher’s latest Philippine gross domestic product (GDP) growth estimate for this year is lower than its 5.9