THE Philippine economy is expected to post a moderate growth improvement this year of 5.8 percent from 5.5 percent in 2023, the International Monetary Fund (IMF) said, but the result will come in below the government's 6.0- to 6.5-percent target.
"Growth is expected to pick up modestly in 2024-2025," the IMF said in a report, adding that this would be supported by gradual monetary policy easing amid a small negative output gap.
