Philippines will be World Bank upper-middle income in 2019
The Philippines National Economic and Development Authority (NEDA) sees 7-8% GDP growth making the Philippines an upper middle-income country by 2019 which would be 3 years ahead of a 2022 target. A World Bank definition for an upper middle-income economy is a country with a GNI per capita of between $4,036 and $12,475. The Philippines, …