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PH to miss 2025 growth target
Manila Bulletin
|December 2, 2025
Corruption taking heavy toll on economy
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SALUTE THE FLAG -- Paris Olympics double gold medalist Carlos Yulo (middle) and Philippine Marines honor guards hoist the Philippine flag at the 'Stop and Salute' flag-raising ceremony at the Rizal Park on Monday, Dec. 1, 2025. The monthly event is led by the National Parks Development Committee (NPDC) and the Salute to a Clean Flag Movement. (John Louie Abrena)
(John Louie Abrena)
The Philippines is expected to miss its full-year economic growth target for 2025, following the sharp slowdown in the third quarter amid a worsening corruption scandal, the country's chief economist conceded on Monday, Dec. 1.
Missing this year's goal will make it three years in a row for the Marcos administration, which also fell short of achieving the gross domestic product (GDP) targets for 2023 and 2024.
Speaking at the 2025 year-end press chat of the Department of Economy, Planning, and Development (DEPDev), Secretary Arsenio M. Balisacan said that reaching even the lower end of the government's 2025 target is "very unlikely."
Bu hikaye Manila Bulletin dergisinin December 2, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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