Protect middle class to prop up growth, says ADBI

Inquirer.net - Sep 21, 2026

MANILA, Philippines — The government should protect middle-class purchasing power through targeted aid to prevent weaker household consumption from further dragging on economic growth, the Asian Development Bank Institute (ADBI) said. Speaking to reporters, ADBI dean and CEO Bambang Brodjonegoro said the government should target the middle class because it accounts for most household consumption. READ:

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