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Philippines reaches upper-middle income country rank
MANILA: The Philippines has been reclassified by the World Bank as an upper-middle income country — a target it has been trying to achieve since the 1980s — after posting a record gross national income per capita of $4,850. The upper-middle income, or UMIC, rank is the World Bank’s category for economies with GNI per capita ranging from $4,636 to $14,375. The Philippines was previously in the global lender’s lower-middle income bracket.
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4 prospettive sulla stessa storiaTimeline cronologica
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rappler.com
Philippines reaches upper-middle income status — World Bank
The World Bank upgrade marks a long-sought economic milestone for the Philippines, but high prices, underemployment, and income inequality continue to plague millions of Filipinos
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gulfnews.com
Breakthrough: Philippines hits upper-middle income club — what it means
Philippines achieves upper-middle income status after years of robust growth. Experts warn the hardest work lies ahead to avoid the middle-income trap.
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arabnews.com
Philippines reaches upper-middle income country rank
MANILA: The Philippines has been reclassified by the World Bank as an upper-middle income country — a target it has been trying to achieve since the 1980s — after posting a record…
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business.inquirer.net
What an upper-middle-income status means for the Philippines
Composite image from INQUIRER/AFP files photos. MANILA, Philippines — The Philippines has officially attained upper-middle-income status under the World Bank’s latest income…
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Does new upper-middle income status reflect PH reality?
MANILA, Philippines — The Philippines has finally crossed into upper-middle income status—after nearly four decades as a lower-middle-income economy. Yet for many Filipinos still…
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[In This Economy] The Philippines is upper-middle income at last. But what does it mean?
This milestone is real, and it took decades of work by millions of Filipinos, not any single administration