According to a PIDS study, the Philippine economy will remain challenged by a VUCAD world. This environment is shaped by global economic policies, geopolitical conflicts that disrupt trade, and the local economy’s ability to adapt.
However, for 2024 and 2025, the Philippine economy overall is expected to remain resilient, driven by strong domestic consumption, infrastructure development, and a growing service sector.
What does “VUCAD” mean? What are other economic prospects for 2025?
Read: https://bit.ly/pidsepm2024
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