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Marcos Government Misses Growth Target

Marcos Government Misses Growth Target

by Teuvo Tuomi | May 10, 2024 | Business, Economy, News, Philippines

High inflation and borrowing costs slowed down the first-quarter growth of the Philippine economy, causing the “Bongbong” Marcos’s government to miss its target. Gross domestic product (GDP) grew 5.7% year-on-year in the first quarter, faster than...

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