00:00Meanwhile, it is expected that the Philippine economy will remain strong this year until 2026.
00:06This is based on the monetary policy report issued by the Central Bank of the Philippines
00:11where it is expected that the country's development will be moderate but strong.
00:15According to the BSP, it is expected that the GDP growth of the Philippines will play at 6% to 8%
00:21within the two years in the target range established by the Development Budget Coordination Committee.
00:26It is also based on the report that the inflation will play at 2% to 4% this year and in 2026.
00:33It is expected that the continuous lowering of the price of rice in the first half of 2025
00:39will be helped by the implementation of measures such as tariff reduction.
00:43On the other hand, it is expected that the change in the price of goods and raw materials
00:50in the market competition will still affect the growth outlook
00:51and the exchange of pesos against dollars.
