• Inflation in the Philippines will start to ease next year and will be within the 2% to 4% target band in 2024, Finance Secretary Benjamin Diokno says.
  • Philippine GDP will likely grow much faster than the official target of 6.5% to 7.5% this year as all sectors expand, led by manufacturing and construction, Diokno says in a mobile-phone message to reporters
  • An average GDP growth of 6.5% next year is “nothing to be sneezed at,” he says, adds early approval of 2023 budget to help drive expansion, especially in public construction