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1. www.economist.com › asia › 2024/04/23Without fanfare, the Philippines is getting richer

   www.economist.com › asia › 2024/04/23

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   Apr 23, 2024 · Manila is scheduled to have its first underground metro line by 2029. Chart: The Economist. The Philippines is often an afterthought for investors: neither a giant like India nor a manufacturing...

2. www.esquiremag.ph › money › industryCould the Philippines Really Become a Trillion-Dollar Economy ...

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   Apr 19, 2024 · Money Industry. Could the Philippines Really Become a Trillion-Dollar Economy in the Next Decade? Even with inflation still rising, and the country missing its target economic growth in 2023, the World Economic Forum thinks it's possible. By Currie Cator | Apr 19, 2024.

3. People also ask

   What fueled the growth in the Philippine economy?

   • A study by McKinsey & Company said that the growth in the Philippine economy has been fueled by the resumption of commercial activities, public infrastructure spending, and growth in digital financial services. Portion of the Central Luzon Link Expressway (CLLEX), part of the Luzon Spine Expressway Network — Photo from pna.gov.ph

   A significant fixture in the Philippines’ sustained economic progress

   www.bworldonline.com/special-features/2024/04/30/591827/a-significant-fixture-in-the-philippines-sustained-economic-progress/

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   How much will the Philippine economy grow in 2024?

   • The IMF projects the Philippine economy to grow by 6.2 percent this year, while the ADB forecasts economic growth to settle at 6 percent. The World Bank, meanwhile, expects the Philippine economy to grow by 5.9 percent in 2024. "In the latest ADB report, in Southeast Asia they put us as the highest performer in 2024.

   NEDA hopeful on PH's economic growth expansion in 2024

   www.pna.gov.ph/articles/1223235

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   How will Duterte's transition to a new regime impact economic growth?

   • In the last year of the Duterte administration and the transition to a new regime, the government will need to sustain efforts to end the pandemic and navigate towards a new and better normal. The Socioeconomic Report 2021 highlights the need for more reforms to further increase the country’s potential for economic growth and greater inclusivity.

   Socioeconomic Reports - National Economic and Development Authority

   neda.gov.ph/socioeconomic-reports/

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   Why is public infrastructure investment booming in the Philippines?

   • Public infrastructure investment in the Philippines has been consistently on the rise, with a notable increase from an average of 3% of GDP during 2011-2016 to over 5% in 2018. The surge in investment has been instrumental in driving economic growth, particularly in sectors like transportation and storage, construction, and financial services.

   A significant fixture in the Philippines’ sustained economic progress

   www.bworldonline.com/special-features/2024/04/30/591827/a-significant-fixture-in-the-philippines-sustained-economic-progress/

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4. www.bworldonline.com › special-features › 2024/04/30A significant fixture in the Philippines’ sustained economic ...

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   Apr 30, 2024 · A significant fixture in the Philippines’ sustained economic progress. Infrastructure serves as the backbone of economic activity, enabling the efficient movement of goods and people, facilitating trade, and enhancing overall productivity. Research indicates that every public dollar invested in infrastructure yields a substantial economic return.

5. www.bloomberg.com › news › articlesPhilippine Economy Grows 5.7% in Q1, GDP Set to Beat Rest of ...

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   5 days ago · Gross domestic product in the three months through March grew 5.7% from a year earlier, the Philippine Statistics Authority said on Thursday. That’s more than the 5.5% the prior quarter but ...

6. neda.gov.ph › socioeconomic-reportsSocioeconomic Reports - National Economic and Development ...

   neda.gov.ph › socioeconomic-reports

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   3 days ago · The Socioeconomic Report 2021 highlights the need for more reforms to further increase the country’s potential for economic growth and greater inclusivity. Visit here.

7. asianjournal.com › philippines › metro-manilaSustained economic growth, financial reforms cited for PH’s ...

   asianjournal.com › philippines › metro-manila

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   Apr 27, 2024 · The Philippines’ recent credit rating upgrade from Standard and Poor’s (S&P) is due to the economic reforms under the Duterte administration, Malacañang asserted on Thursday, May 2. S&P upgraded the Philippines’ credit rating to BBB+ with a stable outlook, citing the country’s consistent growth, solid fiscal accounts, and the economy ...

8. www.pna.gov.ph › articles › 1223235NEDA hopeful on PH's economic growth expansion in 2024

   www.pna.gov.ph › articles › 1223235

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   Apr 24, 2024 · The IMF projects the Philippine economy to grow by 6.2 percent this year, while the ADB forecasts economic growth to settle at 6 percent. The World Bank, meanwhile, expects the Philippine economy to grow by 5.9 percent in 2024.