Thursday, 29 September 2016 11:15



Our economic managers fully intend to move our economy to a higher growth plane between now and 2040. From 2017 onwards, we intend to maintain a GDP growth rate of 7% or more.

On a sustained 7% growth rate, the Duterte administration committed to bringing down the poverty rate from the current 26.5% to just 17% by 2022. We expect to see a shift from consumption-led to investment-led growth, driven by low inflation and interest rate.

Published in Commentaries