Citi, the US banking giant, believes that the Philippines will continue to experience strong economic growth in the coming years, despite challenges such as inflation and rising interest rates.
Amol Gupte, head of South Asia and ASEAN at Citi, expressed optimism about the region’s growth prospects and highlighted Citi’s commitment to serving its clients in the Philippines.
He also cited the country as one of the bright spots globally, along with other ASEAN countries.
According to Gupte, the bank expects the country’s GDP to grow in the range of six to 6.1 percent over the next two years.
