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Arsenio Balisacan

Arsenio Balisacan

Secretary, Department of Economy, Planning and Development

Appears in 1 story

Notable Quotes

"This confirms the resilience of the Philippine economy," Balisacan said.

Stories

World Bank reclassifies the Philippines as upper-middle-income

Money Moves

Leads the agency that tracks the target; urged focus beyond the label

For the first time since 1987, the average Filipino counts as a citizen of an upper-middle-income country. On July 1, 2026, the World Bank moved the Philippines up a rung, after income per person crossed a line the country had chased for a generation.

Updated 3 hours ago