PH still set to hit income status goal

Mar 15, 2024 12:23 am

THE Philippines remains on track to achieving upper-middle-income status next year despite potential revisions to growth targets, Cabinet officials said.

'Even if we reduce the GDP growth target from 6.5-7.5 percent to 6.0-7.0 percent, we still expect to reach upper-middle-income status by 2025,' Socioeconomic Planning Secretary Arsenio Balisacan told The Manila Times on Thursday.

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