The Philippines is likely to achieve its target of becoming an upper middle-income economy by 2025, a year later than what the government expected, Socioeconomic Planning Secretary Arsenio Balisacan said Saturday.
in July, President Ferdinand Marcos Jr. said his administration is looking to bring the Philippines to "upper-middle income status by 2024" with "at least $4,256 income per capita."
The previous administration aspired to bring the country to upper-middle income status by 2020, but the economy went into a recession due to the pandemic. Nevertheless, Balisacan expressed confidence that the country’s GNI per capita will hit $4,456 by 2025 "because at that level of per capita income, that’s when we meet the threshold of joining upper-middle economies."Philippine Development Plan 2023–2028
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Gov’t maintains 2023-2024 inflation ceiling at 2-4%; same target for 2025-2026The economic managers of the Marcos administration have maintained the inflation target band of 2.0% to 4.0% for the next two years and set the same ceiling for another two years thereafter.
Baca lebih lajut »
HUAWEI Mate 50 Pro - HUAWEI PhilippinesThe new Ultra Aperture XMAGE camera with a F1.4 ultra-large aperture brings great night shot, professional-level portraits and unique XMAGE style. Thanks to the durable Kunlun Glass, up to 6-metre water resistance, a 4700 mAh battery, wired and wireless HUAWEI SuperCharge, enhanced privacy and security protection, HUAWEI Mate 50 Pro achieves great performance so you can always trust.
Baca lebih lajut »
vivo V25 Pro 5G receives Android 13 update in the Philippines!
Baca lebih lajut »
Michelle Madrigal brings new boyfriend home to the Philippines, tours Thailand together too!Michelle Madrigal seems to be enjoying her vacation in Southeast Asia with her new boyfriend!
Baca lebih lajut »
#ICYMI: OPPO Reno8 Z 5G is available in the Philippines for PHP 19,999!
Baca lebih lajut »
Philippines’ 1,184 new COVID-19 cases bring active tally to 18,365The Department of Health (DOH) on Thursday recorded 1,184 new COVID-19 cases, while the active tally reached 18,365.
Baca lebih lajut »