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Transitioning to upper-middle income status: Achievable for PH?
By Niña Myka Pauline Arceo
Oct 11, 2024 12:51 am

FOR years, government officials have been touting the Philippines' chances of becoming an upper-middle-income economy despite all the challenges that the country has faced and with with it continues to grapple

The Marcos administration pledged to achieve this by 2025, but changes to the World Bank's thresholds have made this more difficult. The country is still classified as lower-middle income, a status it has held since 1987.

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