Balisacan Says 2040 Economic Vision No Longer Feasible

High income status for Philippines unlikely in 2040 – DEPDev

The Philippines may miss its goal of becoming a high-income country and its vision of a society free from poverty by 2040 if the economy continues to grow at its current pace, according to the Department of Economy, Planning and Development.

Balisacan says 2040 economic vision no longer feasible

MANILA, Philippines – The country may no longer be on track to achieve high-income country status by 2040 as it needs to sustain growth of over 6 percent yearly to reach that milestone by then, according to Economy, Planning and Development Secretary Arsenio Balisacan. Speaking to reporters, Balisacan said the COVID-19 pandemic significantly disrupted the

AmBisyon 2024 may no longer be feasible – Philippines' chief economist

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