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2024 GDP growth nudged up to 5.7%
Manila Bulletin
|April 4, 2025
The Philippine Statistics Authority (PSA) has revised upwards the country’s economic performance for the full year of 2024, to 5.7-percent growth, from the preliminary 5.6-percent figure.
This upward revision still falls short of the government’s downscaled 2024 gross domestic product (GDP) growth target of six to 6.5 percent.
For 2025 and 2026, the Cabinet-level Development Budget Coordination Committee (DBCC) has set more ambitious sixto eight-percent target, citing both local and global uncertainties.
This story is from the April 4, 2025 edition of Manila Bulletin.
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