After hitting this milestone, the country’s chief economist says the challenge is now both 'making the growth faster' and 'more inclusive so that poverty reduction can be faster'

The World Bank has elevated Sri Lanka, Vietnam, and the Philippines to upper-middle-income status, highlighting their sustained economic growth and post-crisis recovery efforts.

The Philippines has officially entered the World Bank’s upper-middle-income category, with its gross national income per capita reaching $4,850, exceeding the $4,636 threshold in…