The Philippines is making strides in economic development, surpassing the 2023 GNI per capita target. NEDA Secretary Balisacan sees us reaching upper middle-income status by 2026.
Secretary Balisacan of NEDA highlights that the Philippines could see a PHP2 trillion annual boost from AI solutions if internet infrastructure is improved.
By 2030, the Philippine Pharmaceutical Manufacturers Association plans to increase local manufacturers' share in government procurement from less than 5 percent to 50 percent.