S&P hikes 2023 GDP outlook for Philippines
S&P GLOBAL RATINGS raised its gross domestic product (GDP) growth forecast for the Philippines to 5.4% this year but lowered its projection for next year to 5.9%. At the same time, it expects the Bangko Sentral ng Pilipinas (BSP) to deliver one more rate hike this year, before cutting borrowing costs by 75 basis points […]
OFW TODAY 
S&P GLOBAL RATINGS raised its gross domestic product (GDP) growth forecast for the Philippines to 5.4% this year but lowered its projection for next year to 5.9%. At the same time, it expects the Bangko Sentral ng Pilipinas (BSP) to deliver one more rate hike this year, before cutting borrowing costs by 75 basis points […]
