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© Reuters. FILE PHOTO: Bangko Sentral ng Pilipinas Governor Felipe Medalla poses for a photograph in his office at Manila, Philippines, November 18, 2022. REUTERS/Eloisa Lopez
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© Reuters. FILE PHOTO: Bangko Sentral ng Pilipinas Governor Felipe Medalla poses for a photograph in his office at Manila, Philippines, November 18, 2022. REUTERS/Eloisa Lopez
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MANILA (Reuters) – Economic growth in the Philippines will reach at least 6% this year, the central bank governor said on Monday, consistent with the government’s 6%-7% target for 2023.
Bangko Sentral ng Pilipinas Governor Felipe Medalla told an economic forum “pent-up” demand will be a key driver of growth this year.