Economist explains what the Philippines' upper middle-income status really means

#MoneyTalks | Economist Ronilo Balbieran said the Philippines' upgrade to upper middle-income status is a "delicate good news.” He warned that the country could gradually lose access to concessional loans as it is no longer classified among poorer economies. Subscribe to One News PH here:    / onenewsph   Find One News PH here: https://onenews.ph Facebook:   / onenewsph   Twitter:   / onenewsph   TikTok:   / onenewsph