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BusinessWorld

Philippines now an upper-middle income country, World Bank says

By Justine Irish D. Tabile, Senior Reporter The Philippines is now classified as an upper-middle income country (UMIC) by the World Bank, reflecting the economy’s broad-based expansion. The World Bank’s latest country income classification showed the Philippines posted a record gross national income (GNI) per capita of $4,850. This was higher than the GNI per […]

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Source: bworldonline.com

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