Philippine Economy Expected to Rebound by 5.5-6.5% in 2021
- Marco Suarez
- January 25, 2021
- 10:27 am
The economy of the Philippines is projected to rebound by 5.5-6.5% in 2021 after falling by 10% as of the third quarter of 2020, according to First Metro Investment Corporation, the investment banking arm of Metrobank Group.
Dr. Victor Abola, University of Asia and the Pacific (UA&P) economist, said “The global recovery will return to strength by 2022 and the Philippine economy will start rebounding trying to reach the 2019 level,”
Source: Philippine News Agency
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