FINANCE SECRETARY Frederick D. Go is optimistic that the Philippine economy can recover and hit the government’s growth target on the back of faster, more productive spending.
Mr. Go said on Friday that he is “hopeful” that gross domestic product (GDP) growth can reach the government’s 5%-6% goal this year after expansion hit a post-pandemic low in 2025 due to the fallout from a corruption scandal linked to state infrastructure projects.
“I just have to say, though, that the whole year is four quarters. We’re not going to get there in the first quarter,” he said on the sidelines of an event.
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