Philippines growth to hit at least 6% this year

February 27, 2023 - 11:35 AM
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Bangko Sentral ng Pilipinas
The BSP's main building on Roxas Boulevard, (Reuters file photo)

 Economic growth in the Philippines will reach at least 6% this year, the central bank governor said on Monday, consistent with the government’s 6%-7% target for 2023.

Bangko Sentral ng Pilipinas Governor Felipe Medalla told an economic forum “pent-up” demand will be a key driver of growth this year.

—Reporting by Enrico dela Cruz