Economic Growth in Philippines: Difference between revisions

Economic Growth in Philippines (view source)

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 {{Problem
-|Description=The Philippines faces challenges in achieving sustained economic growth due to factors such as income inequality, inadequate infrastructure, and limited access to finance for small businesses. Additionally, the country is vulnerable to external shocks such as natural disasters and global economic downturns.
+|Description=The Philippines faces the challenge of sustaining economic growth and reducing poverty, with high levels of inequality and vulnerability to external shocks. Despite recent progress, the country still lags behind its regional peers in terms of competitiveness, infrastructure development, and human capital.
 |Region=Philippines
 |coordinate=,
 |parent=44038
 |geo_id=1694008}}