ECONOMIC growth will likely fall short of official targets for this year and the next, a government-owned think tank said, delaying the Philippines' bid to hit upper middle-income status by 2025.
ECONOMIC growth will likely fall short of official targets for this year and the next, a government-owned think tank said, delaying the Philippines' bid to hit upper middle-income status by 2025.
The goal can be achieved by late next year or early in 2026 ' if the economy can grow as much as 8.0 percent with an exchange rate not depreciating much beyond the PHP/USD 58.00 mark,' the PIDS said.
To Miss Income Status Goal PIDS
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