Manila, Sept. 25 -- Reforms to raise productivity, attract private investments and improve education will help unlock the country's significant growth potential, the International Monetary Fund (IMF) said.

"Priorities include upgrading the electrical grid, tapping renewable energy potential, and effectively implementing recent legislation to improve the business environment, including to harness gains from artificial intelligence," IMF Mission Chief Andrea Pescatori said in a briefing at the Bangko Sentral ng Pilipinas (BSP) on Friday.

An IMF team led by Pescatori held meetings in Manila from Sept. 15 to 25 for the 2026 Article IV Consultation.

For this year, Philippine economic growth is projected to hit 3.4 percent.

Economic growth ...