Philippine economy may see faster growth in 2026, 2027 - UN - BusinessWorld Online

Philippine economy may see faster growth in 2026, 2027 - UN - BusinessWorld Online

By Aubrey Rose A. Inosante, Reporter The Philippine economy may expand at a faster pace this year and in 2027, supported by household consumption and softer inflation, the United Nations (UN) said, as the country rebounds from a corruption scandal. In its latest World Economic Situation and Prospects report, the UN projected the Philippine gross domestic product (GDP) to grow by 5.7% this year and 6.1% in 2027. “In the Philippines, low inflation…