PH exit on 'middle-income trap' on track

By Catherine S. Valente

Oct 11, 2024 12:53 am

DESPITE the current political noise and the lingering effects of the pandemic on the economy, the Philippines' exit from the 'middle-income trap' is on track, as the policies of the Marcos Jr. administration are in place to attain sustained economic growth, the economic managers of President Ferdinand Marcos Jr. told The Manila Times.

The Marcos administration aims to achieve upper-middle income status for the country by 2025, an ambitious goal requiring a high growth rate and economic diversification.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Endless ripples of positive change

From scholars to changemakers

North Luzon Growth Corridor aims to drive govt's high-impact projects

Filipino at Tsino Magkaibigan Foundation & FFCCCII share P60M in typhoon relief across Metro Manila & provinces

Exploring the dynamics of hybrid work arrangements

Best Olympic finish for PH yet

MPTC cements leadership in tollway operations through its Driving Growth Program