BusinessWorld E-paper
January 13, 2022
THE PHILIPPINE economy could regain its pre-pandemic output this year, but the emergence of new variants of the coronavirus disease 2019 (COVID-19) could still cloud
the outlook, the World Bank said.
In its latest “Global Economic Prospects” report released on Tuesday, the World Bank said the rapid spread of the Omicron variant may coincide with the threat of inflation, growing debt, and heightened income inequality in emerging and developing economies.
