President Duterte Assures Philippines Will Enter Top 25 In The Biggest Economy In The World

Philippine President Rodrigo Duterte assures that the country can enter the top 25 biggest economy in the world according to reports. If Philippines can enter the biggest economy, Filipinos may encounter much more comfortable living and secured lives.


His statement was delivered in front of different leaders from different countries in a round table session at the second Belt and Road Forum for International Cooperation which was held in Beijing, China.

“The Philippines, along with the rest of Asia, is on the path of economic resurgence. By 2020, the combined economies of Asian countries will be larger than that of the rest of the world. The Philippines in particular is set to join the ranks of upper middle-income countries as it is projected to become the 25th largest economy in the world in PPP terms,” President Duterte said.

“My government will do all that is necessary to realize this vision. We will build strong partnerships with like-minded states, multilateral institutions, and other stakeholders that share our vision,” added by  President Duterte as reported in news.

According to the president, Asia as being a economic powerhouse will make sure that the Philippines will be much more developed country.