The Philippines has officially entered the World Bank’s Upper-Middle Income Country (UMIC) category, marking a historic economic milestone driven by sustained growth, sound macroeconomic management, and long-term structural reforms, the Department of Economy, Planning, and Development (DEPDev) said.
The World Bank confirmed the upgrade in its...
The Department of Economy, Planning, and Development (DEPDev) underscored the Administration’s strong commitment to sound, evidence-based policymaking and long-term national development as it celebrated the 90th anniversary of Philippine socioeconomic...
The Department of Economy, Planning, and Development (DEPDev) reaffirmed its commitment to strengthening coordination between regional and national government agencies to ensure a coherent,...
The total value of the Philippines’ active Official Development Assistance (ODA)-funded projects grew by six percent from USD37.3 billion in 2023 to USD39.6 billion...