Structural reforms could help the Philippines contain inflation and strengthen economic growth while building on resilient exports and steady remittance inflows, AMRO said.
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.
The government focuses on strengthening the nation's digitalized border protection system to curb smuggling, misdeclaration, and undervaluation effectively.