THE World Bank is calling on the government to boost investment on the country's youth and early childhood development to strengthen the Philippines' economic potential.
The government is eyeing to reach the upper-middle income status by next year. However, the World Bank said it could take two or three years before the country attains that.The World Bank classifies the Philippines as a lower-middle-income economy, with per capita gross national incomes ranging from $1,136 to $4,465. Currently, the Philippines' GNI per capita stands at $3,950.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: