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BSP Governor: Philippines on strong path to recovery and upper middle-income status | bsp, philippines, gdp

by Sara Velezmoro
February 28, 2022
in Finance
Reading Time: 1 min read
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The Philippines is on a robust path to financial restoration and is about to hitch the ranks of higher middle-income nations, Bangko Sentral ng Pilipinas BSP governor Benjamin E. Diokno believes.

Chatting with a bunch of worldwide reporters earlier this month, the governor backed his views with the nation’s key financial indicators

  •  The nation’s GDP grew by 7.7% within the fourth quarter of 2021, bringing full 12 months development to five.6%, exceeding the federal government’s goal of 5.5%.
  • International direct funding FDI returned to pre-pandemic ranges, totalling $8.1 billion between January and October 2021 a 48.1% enhance in contrast…


¬ Haymarket Media Restricted. All rights reserved.



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Tags: BSPGDPGovernormiddleincomepathPhilippinesrecoveryStatusstrongupper
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