THE Philippine economy is expected to remain resilient despite global uncertainties sparked by US tariffs, the University of Asia and the Pacific (UA&P) said, with first-quarter growth likely to have hit the lower end of the government's target range for the year.
In the April edition of the Market Call report, the UA&P forecast January-March gross domestic product growth of 6.0 percent, within the government's full-year goal of 6.0 to 8.0 percent. The estimate is higher than the 5.7 percent recorded a year earlier and the 5.3 percent posted in the last three months of 2024.