The December 2022 edition of the PEU includes a special focus on the topic of Public Expenditure Review for Agriculture and lays out the importance of improving the effectiveness of public spending in the sector. Fixed capital investment will also contribute to growth, anchored on upbeat domestic activity, and improved business confidence.įull Report | Report Highlights | Press Release | Report Launch on 8 June 2023 | Economic Update Slide Presentation | Energy Transition Slide Presentationĭecember 2022: Bracing for headwinds, Advancing Food Security
Strong domestic demand is underpinned by consumer spending drawing strength from the continuing jobs recovery and the steady flow of remittances. Improving the efficiency of social protection in the Philippines remains essential to protect the poor and most vulnerable from economic shocks as the country grapples with global uncertainties and domestic risks including high inflation.īucking global trends, strong domestic demand in the Philippines is expected to propel its economy to a 6.0 percent growth in 2023 and 5.9 percent the following year. June 2023: Securing a Clean Energy Future
0 kommentar(er)
