PH economy remains robust with 5% growth despite challenges

Philippine Economic Planning Secretary Arsenio Balisacan affirmed that the nation's economy remains robust despite facing governance challenges and global uncertainties.

He stated that the economy's trajectory is firm, with an annual growth potential of at least 6% due to ongoing reforms.

The economy expanded despite political noise and global headwinds, with third-quarter growth moderating to 4.0% and averaging 5.0% for the first three quarters of 2025.

International institutions project an average growth rate of 5.7% for the Philippines in 2026.

This statement follows recent cabinet changes and accusations of drug use against President Ferdinand "Bongbong" Marcos Jr. by Senator Imee Marcos, which Malacañang has denied as false.