AMRO Projects Faster Economic Growth in Philippines for 2024-2025.
MANILA: Philippine economic growth is expected to strengthen this year amid easing inflation and a less restrictive monetary policy, the ASEAN+3 Macroeconomic Research Office (AMRO) said. In a report released on Monday, AMRO said the growth of the Philippine economy is projected to hit 5.8 percent this year from 5.5 percent in 2023. According to Philippines News Agency, the report is based on AMRO’s Annual Consultation Visit to the Philippines from August 27 to September 6, and data and information available up to November 7. AMRO expects Philippine economic growth to further accelerate to 6.3 percent in 2025. “The upturn