We’ll become UMIC in ’25, says Marcos

Quick Summary:

PRESIDENT Ferdinand Marcos said he is confident the country will retain the momentum of its economic growth and finally become an upper middle-income country this year.

The government was initially targeting to achieve upper-middle income status in 2020, but the Philippine economy contracted from the strict quarantine measures during the pandemic.

Aside from the diplomatic corps, the President also gave his New Year’s message to Filipinos, urging them to become more disciplined and patriotic as well as foster a culture of excellence.

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Article Details

Author / Journalist: Samuel P. Medenilla

Category: BusinessStartups

Markets: PhilippinesAustralia

Topics: Philippines Income Year Become National Achieve Diplomatic Marcos Growth Filipinos Country

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-12 @ 16:20:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 620 words

Reading Time: 4 minutes read

Sentences: 18 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 25083993

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 50 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 12 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #37

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