By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.
MANILA, Philippines – The Philippine economy must grow by an average of 3.7 percent in the remaining three quarters of the year to meet the lower end of the government’s revised 3.5- to 4.5-percent growth target for 2026, Economic Planning Secretary Arsenio Balisacan said.
Speaking at a press briefing on Monday, Balisacan said growth from the second to the fourth quarter must average 3.7 percent to achieve the revised target.
To reach the upper end, growth in the remaining quarters would need to average 5.07 percent.
“We expect improvements in the second half. The second quarter is still a challenge because that’s the peak of the Middle East conflict,” Balisacan said.
