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The Philippines has launched 'Big Bold Reforms' (BBR) aimed at achieving 5-6% GDP growth by 2025, focusing on enhancing corporate registration, budget transparency, and trade efficiency. Key initiatives include the CADENA Act, rural infrastructure improvements, a new natural gas discovery, and tourism liberalization for Chinese visitors, all designed to shift the economy from consumption-led to investment-led growth. Additionally, the Bangko Sentral ng Pilipinas plans interest rate cuts to support these reforms.