By Dean Aubrey Caratiquet
Amid various challenges and calamities that have shaped the course of 2025, Malacañang remains optimistic that the government will meet its economic growth target before the year ends.
In a briefing Tuesday, Presidential Communications Office (PCO) Undersecretary and Palace Press Officer Claire Castro stressed that President Ferdinand R. Marcos Jr. remains hard at work in keeping the country’s economy afloat amid various headwinds.
“Sinisikap ng Pangulo na maabot natin kung ano ‘yong target po natin.”
Castro cited in her remarks the report released by the Department of Economy, Planning, and Development (DEPDev) Monday, which summarizes the situation of the country’s economy throughout the year.
In a statement, DEPDev Secretary Arsenio Balisacan hailed the resilience of the Philippine economy, which showcased growth in some areas, with parameters remaining within acceptable levels.
Balisacan pointed out an average economic growth of 5% in the first three quarters of the year, complemented by a stable Peso exchange rate, a healthy banking system, and a robust labor market.
The Economy czar, moreover, pointed out the 1.7% average headline inflation achieved by the government through various measures to stabilize prices in the food market, including the administration’s flagship Benteng Bigas, Meron Na! Program.
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