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BusinessWorld E-paper

August 12, 2022

THE PHILIPPINES now aims to become a high-income economy by 2045 at the
latest, Socioeconomic Planning Secretary Arsenio M. Balisacan said.

“Assuming that the economy can regain its growth trajectory in the next decade, also the trajectory targeted for the medium term of this administration, and hold on to it for two more decades, the Philippine economy can become a high-income economy by the first half ofthe 2040s,” Mr. Balisacan said on Thursday during the European Chamber of Commerce of the Philippines luncheon meeting.

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