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7 mar 2024 · The state of the Philippine economy across seven major sectors and themes. In the article, we explore the 2024 outlook for seven key sectors and themes, what may affect each of them in the coming year, and what could potentially unlock continued growth.
From the deep economic contraction last year, the Philippines is on the path to economic recovery. There are clear signs of rebounds in domestic activity, community mobility, industrial output, and recently with bank lending activities.
7 mar 2023 · This article analyzes seven key sectors that offer a detailed insight into the state of the Philippines’ economy in 2023 and beyond. As the data shows, the outlook is complex—there are serious issues to address, but also reasons for optimism.
14 cze 2023 · Philippine Economy. Robust domestic demand fueled 6.4 percent growth in the first quarter of 2023, countering weaker global demand. After peaking in early 2023 inflation fell to 6.1 percent in May after the BSP tightened monetary policy, although it remains well above peer countries in ASEAN.
10 sty 2024 · The Philippine economy grew by 5.7 per cent in 2023. The International Monetary Fund recently reported that the Philippine economy had rebounded strongly from the COVID-19 pandemic despite disrupted supply chains, inflation pressures and dampened tourism revenues.
1 wrz 2023 · As highlighted by recent OECD adjustments, the Philippine economy stands at a crossroads in 2023. A slightly lowered growth projection of 5.6% reflects the intricate interplay of factors, including the impact of high interest rates on pent-up demand.
Domestic growth is strong in the Philippines, while global challenges are affecting prospects. The Philippine government is implementing its 8-point socioeconomic agenda and the Philippine Development Plan 2023-2028 to ensure inclusive, resilient, and sustainable growth for a prosperous society.