Poging GOUD - Vrij
MBC: PH to hit upper- middle income next year
Manila Bulletin
|May 26, 2025
Cuisia, a former governor of the Bangko Sentral ng Pilipinas (BSP), said he even sees the Philippines reaching high-income status by 2050.
-
cent from its 2023 level.
According to the World Bank, high-income status applies to countries with a GNI per capita of more than $14,005.
He, however, said the GNI has to grow by an annual average of 4.5 percent over the next 35 years to achieve this.
"I'm confident, I'm optimistic that we will be able to do that," he said during an MBC media forum last week.
With President Ferdinand “Bongbong” Marcos Jr.'s recent order to “recalibrate” his Cabinet to realign the government with the people’s needs, Cuisia said this would be the most ideal time for the government to focus on economic growth drivers.
Dit verhaal komt uit de May 26, 2025-editie van Manila Bulletin.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Manila Bulletin
Manila Bulletin
Transmission rates jump 7% in August
Consumers are seeing higher transmission rates this month due to increase in ancillary service (AS) rates, according to the National Grid Corporation of the Philippines (NGCP).
1 mins
September 18, 2025
Manila Bulletin
Romualdez resigns, Dy takes over as Speaker
HIGHLIGHTS OF SPEAKER FAUSTINO 'BOJIE' DY'S SPEECH:
5 mins
September 18, 2025
Manila Bulletin
Who is Bojie Dy?
Faustino \"Bojie\" Dy III, representative of Isabela's 6th District, described as an unassuming and a good congressman, has assumed the House speakership of the 20th Congress.
2 mins
September 18, 2025
Manila Bulletin
BSP tightens grip on banks reporting
The Bangko Sentral ng Pilipinas (BSP) plans to overhaul its reporting governance framework by imposing higher penalties on banks based on their asset size for lapses in regulatory compliance.
2 mins
September 18, 2025
Manila Bulletin
DPWH slashes 2026 budget by ₱255B
The Department of Public Works and Highways (DPWH) has cut its proposed 2026 budget to over ₱625 billion, a reduction of about ₱255 billion after a review that flagged several allocations as questionable.
2 mins
September 18, 2025
Manila Bulletin
PNP: 50,000 cops to secure Sept. 21 rallies; AFP to monitor 3 groups
The Philippine National Police (PNP) will be deploying around 50,000 personnel as part of the security and contingency measures for the anti-corruption protest action on Sunday, Sept. 21, that also coincides with the commemoration of the declaration of Martial Law.
3 mins
September 18, 2025
Manila Bulletin
₱272-M shabu seized in Batangas
BATANGAS CITY - Authorities intercepted suspected shabu valued at P272 million during an inspection at Batangas Port here on Tuesday, Sept. 16.
1 min
September 18, 2025
Manila Bulletin
'Bishop' arrested for using religion in illegal recruitment scheme
Authorities arrested a leader of a religious group for allegedly engaging in illegal recruitment of Filipinos for jobs in Japan and South Korea, the Department of Migrant Workers (DMW) said.
1 min
September 18, 2025
Manila Bulletin
Animam signs with Japan's Denso Iris
Jack Animam continued to blaze the trail for Filipina basketball players after signing with Women's Japan Basketball League top division team Denso Iris.
1 min
September 18, 2025
Manila Bulletin
Balangauan, Oro shine
The ICTSI Negros Occidental Junior PGT Championship 15-18 division lived up to the hype on Wednesday, Sept. 17 here, delivering a pair of thrilling, down-to-the-wire finishes that stood in stark contrast to the runaway victories seen in the younger age groups the day before.
1 min
September 18, 2025
Listen
Translate
Change font size