By Beatriz Marie D. Cruz, Reporter
THE PHILIPPINES is expected to be one of the fastest-growing economies in Southeast Asia through 2029, according to the International Monetary Fund (IMF).
In its latest World Economic Outlook (WEO), the IMF kept the Philippine gross domestic product (GDP) growth outlook at 5.8% this year, which is below the government’s 6-7% target. This is the same forecast given after the Article IV Consultation Mission briefing earlier this month.
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