IN the past four decades, the Philippines may have lost up to $1 trillion in critical junctures. In the future, such losses ...

MANILA, Philippines — The biggest threats to the Philippines in the next two years are an economic downturn and poverty, ...

To continue growing the middle class, Congress and the Biden administration should learn from what worked in their response to the COVID-19 pandemic and associated recession that led to ...

I am delighted to welcome you all to the launch of the Philippines Economic Update titled ‘Bracing for Headwinds, Advancing Food Security’. Every six months, the World Bank’s releases an economic ...

MANILA, Dec 5 (Reuters) - The Philippines on Monday lowered its economic growth target for 2023, taking into account an anticipated weakening in global activity, but retained its expansion goals for ...

Let me start by extending our warmest greetings to Secretary Arsi Balisacan, NEDA Secretary; to our distinguished panelists, to the Representatives from the private sector, civil society, the academe ...

“Inequality is bad for economic growth and bad for poverty reduction. In the past researchers were not able to exactly quantify the effect of inequality in the context of economic shocks. This graph ...

The increase in poverty reversed two years of large declines. Median income, adjusted for inflation, fell 2.3 percent to $74,580. By Ben Casselman and Lydia DePillis Poverty increased sharply last ...

MANILA, Philippines — The World Bank has downscaled its economic growth forecast for the Philippines this year following the slower-than-expected gross domestic product growth in the third quarter, ...