• The Philippines can become a $2-trillion economy in the next decade—comparable with the size of Canada, Italy and Brazil today—if it could continue key reforms and sustain strong economic growth, the World Economic Forum (WEF) said.
  • “We are very bullish on the Philippines, provided the reforms do continue. I think that this can be, in the coming decade, a $2-trillion economy if there are further investments in education, infrastructure and also able to draw on the great competence of the people of the Philippines,” WEF President Børge Brende told a press conference after the roundtable held at Malacañang.
  • If the projection of the WEF is realized, the Philippines could see its economy expand from its current size of about $380 billion based on latest government data.