Local Fiscal Multipliers of Infrastructure Spending in the Philippines: Evidence from Regional Data
March 11, 2026
This note highlights that higher local infrastructure spending in the Philippines significantly boosts economic growth.
March 11, 2026
This note highlights that higher local infrastructure spending in the Philippines significantly boosts economic growth.
December 18, 2025
A strategic, long-term expansion and diversification of the tourism footprint in the Philippines must address the various bottlenecks.
December 10, 2025
In the Philippines, the current AI technological wave brings both opportunities and risks to the IT-BPM sector.
November 24, 2025
The near-term outlook of the Philippines remains broadly stable, but the medium-term picture is more complex.
November 24, 2025
Andrew Tsang, Chiang Yong (Edmond) Choo, Chunyu Yang, Jinho Choi, Kuchsa Dy, Shunsuke Endo, Zhan (Bella) Guo
The Philippine’s GDP growth is projected at 5.2 percent in 2025 and 5.3 percent in 2026. Inflation is projected at 1.7 percent in 2025, rising to 3.2 percent in 2026.
November 5, 2025
September 25, 2025
The Philippine economy is expected to continue growing at 5.6 percent in 2025 and 5.5 percent in 2026.
April 15, 2025
Allen Ng, Andrew Tsang, Anthony Tan, Byunghoon Nam, Catharine Kho, Chunyu Yang, Fan Zhai, Haobin Wang, Jade Vichyanond, Jinho Choi, Jungsung Kim, Lay Lay Aung, Megan Chong, Naoaki Inayoshi, Nguyen Thi Kim Cuc, Pim-orn Wacharaprapapong, Poh Lynn Ng, Seung Hyun (Luke) Hong, Tanyasorn Ekapirak, Vanne Khut, Wanwisa May Vorranikulkij, Wee Chian Koh, Xianguo (Jerry) Huang, Yuhong Wu
The ASEAN+3 region maintained stable growth of 4.3 percent in 2024 despite various uncertainties and is positioned to remain resilient.
April 3, 2025
The Philippines should focus on increasing productive investment, productivity enhancement, and labor upskilling to overcome scarring effects.
April 3, 2025
Dek Joe Sum, Seung Hyun (Luke) Hong
This report provides an analysis of the fiscal management of social protection systems across selected ASEAN+3 economies.