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  • 2 years ago
S&P projects PH economy to grow by 5.6% in 2024
Transcript
00:00 The S&P Global Market Intelligence reported the country's economy is expected to grow by 5.6% in 2024.
00:08 The sustained remittance inflows from OFWs, fast-growing information technology,
00:14 business process outsourcing sector exports, and the continued recovery of the tourism sector
00:21 are also expected to support the country's economic growth next year.
00:25 The Philippines Purchasing Managers Index, or PMI, for manufacturing sector,
00:30 increased to 52.7 in November from 52.4 in October.
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