Date: November 27, 2025
Location: Malacañang, Manila
The Philippine economy is projected to regain stronger momentum by 2026 following a high-level meeting between President Ferdinand R. Marcos Jr. and Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona at Malacañang on Wednesday. The discussion centered on the Monetary Board’s October policy decision and the country’s current economic outlook.
According to the BSP, inflation eased to 1.7 percent, while inflation for the bottom 30 percent of households dropped to –0.4 percent, reflecting improving price conditions for low-income families.
In response to cooling inflation, the Monetary Board lowered the policy rate to 4.75 percent to help make borrowing more accessible for both households and businesses. Governor Remolona explained that the rate cut aims to stimulate stronger demand in the coming months.
The central bank noted that the inflation outlook remains favorable, giving policymakers enough confidence to continue reviewing and adjusting policy rates when necessary. For 2026, the BSP forecasts inflation at around 3.1 percent, well within the government’s target range. By 2027, inflation is expected to ease further to 2.8 percent.
With these indicators, the BSP expects a significant economic rebound by 2026, followed by a full return to the government’s target range by 2027.
President Marcos reaffirmed his commitment to safeguarding economic stability and fostering conditions for broader, more inclusive growth for all Filipinos.