00:00The ASEAN Plus 3 Macroeconomic Research Office, AMRO, expects that the Philippines' economy will grow stronger between 2024 and 2025,
00:09reaching 5.8% from 5.5% in 2023.
00:15This is due to the higher government spending and better conditions in the labor market.
00:21It is also expected that inflation will drop from 3.2% to 6% in 2023.
00:28However, there are risks such as rising inflation and lowering taxes in other countries.
00:34AMRO is pushing for a sustainable fiscal and monetary policy.
00:40But it can be fixed if inflation continues to fall.
