Politics

Manila Businesses Brace as Philippines Faces Economic Growth Target Miss

The Philippine Statistics Authority reported low likelihood of achieving the end-of-plan economic growth target.

By The Daily Manila · Published July 25, 2026

How we reported this

This article was written by AI from the linked sources and was not reviewed by a journalist before publishing. The Daily Manila is part of The Daily Network and follows our reasonable editorial care.

Gross domestic product growth slowed to 4.4 percent last year from 5.7 percent in 2024 according to the Philippine Statistics Authority reported in manilatimes.net.

The latest data showed low likelihood of achieving the end-of-plan target growth rate of 6.0 to 7.0 percent under the 2023-2028 Philippine Development Plan according to the same source.

Sources: manilatimes.net.

References Sourced but Not Limited to:

manilatimes.net · Psa low likelihood of hitting growth goal

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