Philippines Introduces 'Big Bold Reforms' to Accelerate Economic Growth
NATURAL GAS
The Philippines aims for 5-6% GDP growth in 2025 with the introduction of 'Big Bold Reforms' (BBR). Key reforms include a reduction in corporate registration time by the SEC, the CADENA Act for budget transparency, a National Single Window for trade, rural infrastructure improvements, procurement reforms, a new natural gas discovery, fiscal consolidation, the Philippine-UAE CEPA for trade, tourism liberalization for Chinese visitors, and interest rate cuts by the Bangko Sentral ng Pilipinas. The reforms are expected to transition the economy from consumption-led to investment-led growth.

Jan 23, 2026, 6:09 AM