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Highlights: Recent Economic Developments Global conditions improved in early 2024. The Philippines maintains its growth momentum, supported by a rebound in external demand. Robust growth...

Most economies in developing East Asia and Pacific (EAP) are growing faster than the rest of the world but slower than before the pandemic. Slowing global growth, still tight financial...

Food price inflation has raised concerns about food insecurity and systemic crises in East and Southeast Asia, given the region’s population size, economic significance...

Highlights on food security: Headline inflation has remained above the BSP 2–4 percent target, averaging 6.4 percent in the first ten months of 2023 from 5.4...

Most economies in developing East Asia and Pacific (EAP), other than several Pacific Island Countries, have recovered from the succession of shocks since 2020 and are continuing to grow...

Highlights: General findings Headline inflation has declined since the start of the year, but remained elevated at an average of 7.9 percent in the first four months of 2023. It exceeded...

Part III of the report focuses on repurposing public investments to ensure food security for all. This chapter reviews the status and effectiveness of public spending in agriculture and the impacts of...

Key findings include the following points, in particular regarding the impacts of COVID-19 on poverty and inequality: The Philippines has made significant progress in reducing poverty, but income...

Focus: Section 4.2 focuses on increasing climate resilience in agriculture. Key findings from this section are as follows: Substantial opportunities exist for win-win actions that...