Philippine economy 2020: How it started vs how it's going
Warren de Guzman and Edson Guido, ABS-CBN News
Updated as of Oct 21 04:51 PM
The year 2020 was supposed to bring in nearly $9 billion in net foreign direct investment inflows, a near 10 percent growth in tourism income, and the steady, ever-so-reliable dollar income stream of overseas Filipino remittances and business process outsourcing. Trade was also seen continuing at a deficit, as the Philippines imported more to feed its growing appetite for infrastructure and foreign goods and services.
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