EXPERTS predict that the world economy will grow by 3 percent in 2023. But if the financial sector stress continues, global growth could decelerate to 2.5 percent.

Economists expect the Philippines to grow by 5.8 percent to 6.0 percent, or perhaps higher, in 2023. The growth will be driven by sustained "strong private consumption spending, an upturn in government infrastructure spending and improving remittance inflows."

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details