President Bongbong Marcos remains optimistic that the Philippine economy will recover by 2026, despite a slowdown in 2025. During a recent meeting with Bangko Sentral ng Pilipinas (BSP) officials, Marcos discussed the country’s economic outlook and highlighted positive signs for the future.
BSP Governor Eli Remolona and other officials shared that inflation has eased to 1.7%, with inflation for the bottom 30% of households even dipping into negative territory at -0.4%. As a result, the BSP decided to reduce the policy rate to 4.75%, which is expected to make borrowing more affordable for families and businesses. The BSP also projects that inflation will remain stable at around 3.1% in 2026, with further improvement to 2.8% by 2028.
Despite the economic slowdown in 2025, the government remains confident that the economy will return to its growth targets by 2027. Marcos emphasized that this dip is temporary and that the country is on track for a steady recovery.
Marcos also addressed concerns regarding corruption within his administration. While there have been challenges, he dismissed the notion that corruption is severely impacting investor confidence. According to the President, the fluctuations in the peso-dollar exchange rate and declines in the stock market are largely due to external global economic factors, rather than internal issues within the government.
With a clear focus on maintaining fiscal discipline and improving monetary policies, Marcos is hopeful that the Philippine economy will regain its footing and return to a strong growth trajectory by 2026, setting the stage for sustained recovery in the years to come.
