The Philippine economy is expected to grow by 6 percent or better this year and next year, mainly due to base effects, according to the latest report released by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP).

In its Economic and Social Survey of Asia and the Pacific for 2021, UNESCAP said the Philippine economy is projected to grow 6.5 percent this year and 6 percent next year. This is more optimistic than the 6.1 percent projection UNESCAP made last year for 2021.

Source: Business Mirror dated 31 March 2021

https://businessmirror.com.ph/2021/03/31/phl-economy-to-grow-at-least-6-in-2021-un/