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Philippines Achieves Upper-Middle-Income Status After Nearly 40 Years

2026-07-10 01:11:51

According to Rappler.com, the Philippines has officially achieved upper-middle-income status, a milestone that took nearly four decades to reach. The country's chief economist warned that the Philippines must accelerate growth while making it more inclusive to ensure faster poverty reduction and ensure development benefits all Filipinos.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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