Philippines Poised for Economic Boom if Reforms Stay on Track
• Philippines can become $2 trillion economy in a decade if reforms continue - comparable to Canada, Italy, Brazil • Need further investments in education, infrastructure, draw on people's competence • Currently $380 billion economy, could see massive expansion • Growth slowed in 2023 to 5.6% from 7.6% in 2022, missing 6-7% target • Take advantage of shifting supply chains and foreign investor interest due to geopolitical uncertainty