Amid "governance challenges and continuing global uncertainties", the "Philippine economy remains strong", Department of Economy, Planning, and Development (DepDev) Secretary Arsenio Balisacan said, noting that the country's potential annual growth remains at least 6 percent.

In a statement, Balisacan noted that "while short-term fluctuations and external headwinds may affect immediate outcomes, the economy’s overall trajectory remains firm."

"Amid political noise and global headwinds, the economy continued to expand: although growth moderated to 4.0 percent in the third quarter, full-year growth for 2025 has so far averaged 5.0 percent. International institutions, on average, project a 5.7-percent growth rate for 2026," he said.

The economy grew by four percent in the third quarter from 5.5 percent in the second quarter. The peso reached a new all-time low of P59.17 against the US dollar last week before recovering.

"Supported by structural strengths—including a robust labor force, steady capital investment, productivity gains, and ongoing technological progress—our potential growth remains at least six percent annually. Our medium-term targets reflect this capacity," he added.

Balisacan issued his statement following the sudden resignation of Executive Secretary Lucas Bersamin and Budget and Management Secretary Amenah Pangandaman after they were named by former Congressman Zaldy Co, who accused President Ferdinand Marcos Jr and former House Speaker Martin Romuldez of orchestrating the supposed insertion of P100 billion worth of project to the 2025 national budget.

In a recent rally conducted by Iglesia ni Cristo, Marcos and his wife First Lady Liza Marcos were also accused by his sister, Senator Imee Marcos of using illegal drugs. Robina Asido/DMS