The ranks of poor Filipinos declined in the first half of this year compared to the same period in 2021 as the government lifted COVID-19 mobility restrictions last year, allowing the economy to recover, create more jobs and spur more investments.
The interagency Development Budget Coordination Committee (DBCC), in consultation with the Bangko Sentral ng Pilipinas (BSP), has kept the current inflation target of 3 percent, plus or minus 1 percentage point for 2024 – 2026.
President Ferdinand Marcos Jr. on Wednesday signed into law the P5.768 trillion General Appropriation Act for 2024, a budget the chief executive said was meticulously crafted by the national government and Congress to sustain the Philippines’ high-growth trajectory,
NLEX Corp. has reactivated its “Safe Trip Mo, Sagot Ko” (SMSK) motorists assistance program in preparation for the expected increase in traffic volume during the long Christmas holidays.
The Philippine central bank can start considering an easing of its monetary policy if inflation continued on its path and expectations remain well anchored, its governor said on Wednesday.