IMF: Philippines economy to grow 6.0% in 2023, between 5.5% and 6% in 2024

Kitco Media
By Reuters
Published:
Updated:
Reuters
MANILA, May 12 (Reuters) - The International Monetary Fund (IMF) kept its economic growth forecast for the Philippines this year at 6.0%, and projected next year's GDP expansion to come in between 5.5% and 6.0%, a Fund official said on Friday. IMF mission head Jay Peiris, in a press conference in Manila following a staff visit, said fighting inflation was the "first priority" for Philippine policymakers, and fiscal and monetary measures will help bring that down.
(Reporting by Enrico Dela Cruz; Editing by Martin Petty)

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