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Philippines Could Unlock Up to 7.1% of GDP in Fiscal Gains Through Bolder ReformsPinakpani / Wikimedia Commons
ECONOMYWorld Bank · 18 hours agoLive

Philippines Could Unlock Up to 7.1% of GDP in Fiscal Gains Through Bolder Reforms

Reported by World Bank, not nibnow. We are not the publisher of this story, only the source is.

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WHAT HAPPENED

MANILA, September 28, 2026 – A new World Bank Group report finds the Philippines can unlock between 3.6% and 7.1% of GDP in combined savings and additional revenue annually by broadening the tax base, improving collection efficiency, and making public spending more efficient and equitable.

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