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AMRO: Philippine economy may fall below 6% this year
The Freeman
|April 17, 2025
Philippine economic growth may fall below six percent this year amid risks posed by the reciprocal tariffs imposed by the United States on trading partners, according to the ASEAN+3 Macroeconomic Research Office (AMRO).
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In a press conference yesterday, AMRO chief economist Hoe Ee Khor said that Philippine economic growth for this year is expected to be slightly below six percent due to the impact of the US tariffs.
AMRO group head and principal economist Allen Ng said the below six-percent growth expected for 2025 is based on the various scenarios of US tariffs such as those announced on "Liberation Day" and the 90-day pause.
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