World Bank Raises Vietnam and Philippines to Upper-Middle-Income Status
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The World Bank has reclassified vietnam and the philippines as upper-middle-income economies. This change in status has been reported by multiple outlets, with some also noting that other countries, such as sri lanka, have been similarly classified, although the full list of changes is not clear. Thailand is also reported to remain in the upper-middle-income category, while togo has been reclassified as a lower-middle-income economy.
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