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Report
AMRO sees faster PH economic growth in 2024-2025
PTVPhilippines
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12/2/2024
AMRO sees faster PH economic growth in 2024-2025
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Transcript
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00:00
The ASEAN Plus Three Macroeconomic Research Office, or AMRO, is expecting the country's
00:05
economic growth to strengthen this year.
00:07
Based on the information gathered by the Philippine News Agency, AMRO projected the Philippine
00:12
economy to grow by 5.8 percent this year, up from 5.5 percent in 2023.
00:19
Moreover, the growth is projected to further accelerate to 6.3 percent by next year.
00:25
AMRO attributed the projected growth in 2024 to higher government spending, particularly
00:30
in infrastructure.
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