BusinessWorld E-paper
July 14, 2022
THE PHILIPPINES is unlikely to see any credit rating downgrades this year and in 2023, as the economy is expected to grow faster despite headwinds.
Victor A. Abola, an economist from the University of Asia and the Pacific (UA&P), said they kept the gross domestic product (GDP)growth forecast at 6-7% this year,faster than the 5.7% expansion in 2021.
