WB Economist - Pagiging upper middle income economy ng Pilipinas, aabutin ng 2 o 3 taon | 24 Oras - video Dailymotion

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00:00 It will take another two or three years before the Philippines reaches the upper-middle-income economy,

00:07 according to a World Bank official.

00:09 The target of the Philippines for 2025 is based on the current situation of the Philippine economy,

00:20 according to World Bank Senior Economist for the Philippines, Ralph Van Doorn.

00:24 The government of the Philippines believes that the Philippines will reach the upper-middle-income status

00:31 where the average income of every worker will be more than P22,000.

00:39 That's if the economy can reach 6 to 7 percent.

00:44 But the World Bank said that the threshold or the value of the assets will change.

00:49 The World Bank also said that the economy will fluctuate from the average rate of 5.9 percent until 2026.

00:57 However, the price of goods and the loss of jobs in the agri-sector should be addressed.

01:04 Preparations for the future should also be strengthened.

01:09 For more UN videos visit: www.un.org/webcast

01:14 This production is produced by the European Union on behalf of the UN.

WB Economist - Pagiging upper middle income economy ng Pilipinas, aabutin ng 2 o 3 taon | 24 Oras

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