By Luisa Maria Jacinta C. Jocson, Reporter
PHILIPPINE ECONOMIC GROWTH could fall below 6% in 2025 amid a “gentle” recovery in domestic demand and expectations of a widening trade deficit, Bank of America (BofA) said.
BofA Securities economist for the Philippines Jojo Gonzales said they forecast Philippine gross domestic product (GDP) to grow by 5.9% in 2025.
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