Economic Growth in Philippines: Difference between revisions

Economic Growth in Philippines (view source)

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 {{Problem
-|Description=The Philippines faces the challenge of sustaining economic growth and reducing poverty, with issues such as income inequality, inadequate infrastructure, and a lack of skilled labor hindering progress. Despite recent improvements, the country still lags behind its regional peers in terms of economic development.
+|Description=The Philippines faces challenges in achieving sustained economic growth due to factors such as income inequality, inadequate infrastructure, and a lack of investment in key sectors. Additionally, the country is vulnerable to external shocks such as natural disasters and global economic downturns.
 |Region=Philippines
 |coordinate=,
 |parent=44038
 |geo_id=1694008}}