CONSISTENT PH ECONOMIC GROWTH
The Philippines outperformed most Asian economies in 2024, posting a solid 5.8% growth in the first three quarters.
Its growth outpaced key regional economies, including Malaysia (5.2%), Indonesia (5.0%), China (4.8%), and Singapore (3.8%). The third-quarter expansion of 5.2% came on the back of robust capital formation and accelerated government spending.…
