
DLSU Cuts Philippines Growth Forecasts Through 2028
De La Salle University (DLSU) has lowered its economic growth forecasts for the Philippines from 2024 to 2028, citing persistent global and domestic headwinds. The revised GDP growth forecast for 2024 stands at 3.08%, significantly below the government's target.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- PH Remittance Growth Hits Nearly 4-Year Low in April
Overseas remittances to the Philippines saw their weakest growth in nearly four years in April, rising only 2% year-on-year to $2.7 billion. Households became more cautious amid economic fallout from the Middle East conflict.
- Philippine Economy Growth Forecast Revised Down to 3% by DLSU Economists
Economists at De La Salle University (DLSU) have lowered their economic growth forecast for the Philippines to 3.08 percent for the year, anticipating that the economy's deceleration will continue until the end of the Marcos administration.
- Remittance Growth Hits Slowest Pace in 4 Years
Cash remittances from overseas Filipinos slowed to their weakest pace in nearly four years in April, growing by only 2% to $2.72 billion. This slowdown is attributed to global economic uncertainties and budget constraints faced by overseas workers.