SCMP Economy1h agoPoliticsChina
Philippines' Upper-Middle-Income Status Questioned Amidst Economic Hardship
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The Philippines has been upgraded to upper-middle-income status by the World Bank, but citizens and advocates question the data, citing high inflation, debt, and meager wages that don't reflect the economic reality.
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The Philippines has been upgraded to upper-middle-income status by the World Bank, but citizens and advocates question the data, citing high inflation, debt, and meager wages that don't reflect the economic reality.
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This article was originally published by SCMP Economy.
