Philippine GDP growth likely to reach 5.5% in 2025, 5.8% in 2026: IMF
The Philippine economy remains resilient despite the challenges of an external environment characterised by heightened policy uncertainty, and growth is expected to reach 5.5 per cent this year, before accelerating to 5.8 per cent next year, the IMF has said. Downside risks to the economy need close attention, it noted. Adhering to the medium-term fiscal consolidation path remains critical, it said.
The Philippine economy remains resilient despite the challenges of an external environment characterised by heightened policy uncertainty, and growth is expected to reach 5.5 per cent this year, before accelerating to 5.8 per cent next year, the IMF has said.
Downside risks to the economy need close attention, it noted.
Adhering to the medium-term fiscal consolidation path remains critical, it said.
