PH maintained this year’s high middle-income status following COVID-19
Notwithstanding predictions of slower domestic growth in 2020 as the COVID-19 pandemic is taking its toll on the global economy, there is no stopping this year’s Philippines from rising to upper middle-income country status, the country’s lead economist said. Pernia, who heads the National Economic and Development Authority (Neda) state planning agency, said an realistic 3-4 percent increase in gross …