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Latest news and information from the World Bank and its development work in Philippines. Access Philippines' economy facts, statistics, project information, development research from experts and latest news.
Mar 19, 2024 · The World Bank in the Philippines. 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. Philippines.
The Philippines Economic Update is biannual publication of the World Bank. It summarizes key economic and social developments, important policy changes, and the evolution of external/global conditions.
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Outlook. The growth outlook remains positive, av-eraging 5.9 percent in 2024-26, anchored on robust domestic demand. The medi-um-term outlook will be driven by robust private consumption activity, supported by declining inflation, a healthy labor market, and steady remitance inflows.
The Philippines Economic Update is a biannual publication of the World Bank’s Macroeconomics, Trade, and Investment Global Practice (MTI), prepared in partnership with the Finance, Competitiveness, & Innovation Global Practice, the Poverty
The Philippines Economic Update (PEU) provides a brief summary of key economic and social developments, important policy changes and the evolution of external conditions .
PHILIPPINES ECONOMIC UPDATE. Securing a Clean Energy Future. Ralph van Doorn, Senior Economist World Bank Philippines. Download report at www.worldbank.org/peu. Key Messages. The Philippine economy outperformed its regional peers, growing by 6.4 percent in the first quarter of 2023.
Dec 7, 2021 · The economic rebound gained momentum in the third quarter of 2021 despite another COVID-19 wave. The Philippines has, so far, faced its worst infection wave in September when the 7-day daily average reached about 21,000 cases due to the Delta variant.
The Philippines Economic Update (PEU) summarizes key economic and social developments, important policy changes, and the evolution of external conditions over the past six months. It also presents findings from recent World Bank analyses, situating them in the context of the country’s long-term development trends and assessing
