Wednesday, June 13, 2012

INTERASKYON TV 5: ISSUE: GROWTH FORECAST World Bank cuts Philippine growth forecast to 4% - The World Bank has cut this year's economic growth forecast for the Philippines largely because of the crisis in the euro zone, china's slowing growth and volatile oil prices, In the latest Global Economic Prospects, the Washington-based lender said the Philippines' gross domestic productis likely to grow four percent in 2012, down from an earlier forecast of 4.2 percent.

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