Inclusive PH growth pushed

Despite global challenges, the Philippines is projected to sustain relatively strong economic growth and emerge as one of the region’s standout performers, according to the government’s chief economist.

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“The Philippines would remain among Asia’s fastest-growing economies, outpacing several of our neighbors,” Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio M. Balisacan said during the Economic Journalists’ Association of the Philippines (EJAP) Economic Forum on Monday, Aug. 11.

Balisacan emphasized that although the country continues to gain momentum—marked by robust growth, an improving labor market, easing inflation, and reduced poverty—a clear strategic direction is essential to guide the Philippines toward its envisioned future amid changing global dynamics. “We are not just keeping pace; we are helping set it apart,” he added.