Marcos admin confident PH economy will recover in 2026

President Ferdinand ''Bongbong'' Marcos Jr. met with Bangko Sentral ng Pilipinas Governor Eli Remolona to review the October 2025 monetary policy decision as well as the country’s economic outlook.

During the meeting, it was established that although there was poor growth in 2025, the economy is expected to recover by 2026 and return to the government’s target range by 2027.

According to the Presidential Communications Office on Thursday, the BSP reported that inflation has eased to 1.7%, with inflation for the bottom 30% of households at –0.4%. This allows the Monetary Board to cut the policy rate to 4.75% to support more affordable borrowing for families and businesses.  

Remolona explained to the President that they already reduced the policy rate to stimulate more demand.

The inflation outlook was good enough for the Philippines to be confident about reducing the policy rate. For 2026, the inflation forecast is about 3.1%, which is basically the target.

Meanwhile, in 2027, the inflation outlook is about 2.8%.

Marcos reaffirmed his administration's commitment to safeguarding economic stability and creating conditions for sustained, broad-based growth for all Filipinos. —VAL, GMA Integrated News