MANILA – Malacañang on Tuesday expressed confidence that the Philippine economy will recover in the fourth quarter of 2025, citing the anticipated increase in private holiday spending and exports, as well as the prudent use of the PHP 1.307-trillion programmed budget.
Palace Press Officer Claire Castro acknowledged that the slowdown in economic growth in the third quarter of 2025 could be attributed to the adverse impact of recent calamities and the controversies surrounding the country’s flood control projects.
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