Exec Sec optimistic for stronger PH economy in 2026 due to controlled inflation

Executive Secretary Ralph Recto expressed optimism for a stronger Philippine economy in 2026, attributing this outlook to the government's success in controlling inflation.

He stated that "Better days are coming. Makakaasa po ang bawat Pilipino ng mas malakas at mas matatag na ekonomiya sa mga darating na buwan dahil sa tiwala at mas tapat na pamamahala," and reiterated a strong economic comeback in 2026.

Recto highlighted that inflation has significantly slowed down to 1.5% in November 2025 due to focused efforts on price stabilization and securing food supplies, particularly rice, vegetables, and meat.

The year-to-date inflation rate of 1.6% is currently below the government's target range of 2% to 4%.

The slower inflation gives the Bangko Sentral ng Pilipinas (BSP) more room to adjust policy rates, which could further stimulate household spending and economic activity.

The government will reduce regulations and processes that hamper investments, and will soon announce new initiatives and investment opportunities for the private sector, particularly in the agriculture sector.