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Philippine Economy Trends and Outlook 2025


This paper is a condensed version of the recently published Discussion Papers which presented the full-year 2025 projections on GDP, inflation, and the national government debt. The forecasts and analyses were based on prevailing macroeconomic, social and fiscal conditions as of March 2025, and will be used to assess the macroeconomic assumptions of the 2026 National Expenditure Program.


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