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Philippine Star
Philippine Star
FIRST PERSON – Alex Magno – The Philippine Star January 22, 2022 | 12:00am Our economic managers are bullish. They are targeting GDP growth of between 7 and 8 percent this year – the setbacks inflicted by Omicron notwithstanding. At this pace of expansion, we are expected to recover pre-pandemic economic levels by the third quarter of this year. That is a full year ahead of earlier forecasts. There are several factors, however, that could get in the way of this rosy outlook. The recovery of the global economy last year was snagged by supply chain issues, port congestion and labor shortages in …