MANILA -- After presenting the Philippines’ economic plans at the International Monetary Fund (IMF) and World Bank Annual Meetings, Budget Secretary Amenah F. Pangandaman and the country’s economic managers engaged with US-based business and financial communities at the Philippine Embassy in Washington, D.C. on October 15.

“PH Dialogue: Economic Performance and Outlook” is a roundtable discussion on the Philippines’ strong economic recovery and robust outlook, and the new Administration’s 8-Point Socioeconomic Agenda—a follow-through of the Philippine Economic Briefings (PEB) held in Singapore on September 7, and in New York on September 22.

Pangandaman discussed the country’s expenditure program and shared her optimism about the Philippine economy: “This is not without basis. Businesses, consumers, and the government all agree that the Philippines is on track towards a strong recovery.”

She then presented the budget priorities for 2023 to address the continuing external challenges to recovery and economic transformation.

“We are committed to investing in our people through major social and human development expenditures,” the Budget Secretary said, sharing the allotted budget for education, social protection, and health, among others.

The PH Dialogue is co-organized by the Bangko Sentral ng Pilipinas’ Investor Relations Group (BSP-IRG) and the Philippine Embassy and Philippine Trade and Investment Center in Washington, D.C., in cooperation with the Department of Finance.

Finance Secretary Benjamin Diokno delivered the keynote message and BSP Governor Felipe Medalla gave updates on the monetary, external, and financial sectors. NEDA Planning Group Assistant Secretary Sarah Lynne S. Daway-Ducanes presented the Philippine Development Plan, growth drivers, and outlook.  (DBM)