evidence: The latest supplement to the Asian Development Outlook (ADO) 2022 says the Philippine economy will grow 7.4% in 2022, up from the bank’s September forecast of 6.5%. Gross domestic product (GDP) growth for 2023 is expected to slow to 6.0% from the previous forecast of 6.3%. [...] Upward pressures on commodity prices, including oil which will weigh heavily on the predominantly oil-importing Philippines, are expected to be sustained in 2023 with continued uncertainty arising from the Russian invasion of Ukraine. Inflation is expected to quicken to 5.7% this year from the previous forecast of 5.3% before slowing in 2023, with the forecast for next year maintained at 4.3%. The government has said that it expects to continue to invest on its flagship infrastructure projects to spur employment and lay the foundations for a more vibrant and resilient economy. ADB is helping finance some of these priority projects, such as the Malolos Clark Railway Project and South Commuter Railway Project, both part of the North–South Commuter Railway System that aims to provide a safe, fast, and efficient transportation link between Metro Manila and northern and southern Luzon provinces.