00:00The Department of Finance, or DOF, is positive that the Philippine economy will continue to grow in the coming years.
00:08In a statement by Radyo Pilipinas, Finance Undersecretary Dominique Velazquez said that the gross domestic product, or GDP, of the country will reach 6% by 2028.
00:19Aside from the World Bank, the Asian Development Bank and International Monetary Fund are also seeing an increase of 6% in the next two years.
00:29The DOF is seeing the sector of services as the biggest contributor to the continued growth of the country's GDP.
00:37The manufacturing and agriculture industry is also looking to strengthen the country's economy.
00:45We are seeing for the next few years, at least 6%, for the next, until 2028, at least 6% of our growth.
00:54Maybe to compensate for that, one of the fastest is Vietnam. Vietnam, actually in 2024, grew by 7%. But let's move to Vietnam, which is 6%.