THE government has lowered this year's growth target and also reduced expectations for next year given trade and geopolitical headwinds.

The 2024 gross domestic product (GDP) growth goal was cut to 6.0 to 7.0 percent, from 6.5 to 7.5 percent previously, while that for 2025 was narrowed to 6.5 to 7.5 percent from 6.5 to 8.0 percent.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details