BusinessWorld E-paper
May 17, 2022
THE PHILIPPINES is “likely” to achieve upper middle income status by next year, Socioeconomic Planning Secretary Karl Kendrick T. Chua said, given the strong first-quarter print and economic reforms.
“It’s likely, especially since we broadened the economy’s potential with all the reforms that we have done,” Mr. Chua said at an ANC interview on Monday. “We were hit by a pandemic like the rest of the world, but we are seeing one of the biggest bounce backs in the entire world.”
