Secretary, Department of Economy, Planning and Development
Appears in 1 story
Leads the agency tracking the milestone and its costs; acknowledged income disparities persist despite the upgrade
On July 1, 2026, the World Bank raised the Philippines to upper-middle-income status for the first time since 1987. Income per person reached $4,850, clearing the $4,636 cutoff after 39 years in the lower tier.
Updated Jul 3
No stories match your search
Try a different keyword
How would you like to describe your experience with the app today?
