Steady 5.8% growth for Phl seen in 2025
The Philippine Star|December 13, 2024
The Institute of International Finance (IIF) expects the Philippine economy to grow by 5.8 percent next year, higher than the 4.6 percent regional forecast, as it is less exposed to international trade and the slowdown of demand from China.
By CATHERINE TALAVERA

In its report titled Global APAC Growth and Capital Flow Outlook for 2025, IIF said the gross domestic product (GDP) growth for the Philippines next year would be unchanged from its forecast for 2024.

The growth outlook, however, is lower than the 6.5 to eight percent range the Development Budget Coordination Committee (DBCC) is aiming for in 2025, but is higher than the IIF's projection of 4.6 percent GDP growth for Asia Pacific and 4.4 percent for emerging Asia in 2025.

This story is from the December 13, 2024 edition of The Philippine Star.

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This story is from the December 13, 2024 edition of The Philippine Star.

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