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abtest
By Remy Umerez | October 11, 2013 - 12:00am
Recommended
The World Bank (WB) elevated the Philippines to the ranks of upper-middle income economies (UMIC). So effective July 1 this year, the WB moved the Philippines a step higher from lower-middle income to UMIC. This does not mean, however, that most of us Filipinos can now be considered middle-income class, too, facetiously saying.
3 days ago
The country’s recent ascent to upper-middle income country status will not affect the World Bank’s lending program for the Philippines.
6 days ago
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