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Philippines economic hardship

Latest Daily Tribune news and analysis on Philippines economic hardship.

  2. BANGKO Sentral ng Pilipinas Governor Eli M. Remolona Jr.’s optimism that growth and economic activity would most likely rebound early next year is based on his expectation that government and public infrastructure spending will eventually ramp up after experiencing major delays. A core pillar of his outlook is the assumption that high inflation will eventually moderate, helping restore purchasing power and economic activity. The BSP raised its benchmark interest rate by 50 basis points to 5.50 percent on Thursday, 22 October 2026.

    Remolona pushes GDP recovery to Q1 2027

    Citing expected recovery in Philippine economic activity as a key consideration in the Bangko Sentral ng Pilipinas’ decision Thursday last week to deliver a…

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