magbigay ng balita tungkol sa ekonomiya
Answer (1)
Answer:The Philippine economy is expected to experience robust growth in 2023 and 2024, with a forecasted growth rate of 6.0% this year and 6.2% next year, driven by rising domestic demand and a recovery in services, particularly tourism ¹. This growth will be supported by a recovery in employment and retail trade, sustained expansion in the manufacturing sector, and rising public infrastructure spending.*Key Economic Indicators:*- _GDP Growth Rate:_ 6.0% in 2023 and 6.2% in 2024 ¹- _Inflation Rate:_ 6.2% in 2023, easing to 4.0% in 2024 ¹- _Unemployment Rate:_ 4.8% in January 2023, down from 6.4% in the same period a year earlier ¹The Asian Development Bank (ADB) notes that the Philippines will face challenges from climate change and emerging technologies affecting the labor market ¹. To sustain growth, the government plans to maintain public infrastructure spending above 5.0% of GDP, focusing on high-impact projects that connect communities to markets and public services ¹.Overall, the Philippine economy is poised for strong growth, driven by domestic demand and investments in infrastructure and human capital.
