THE World Bank has lowered its Philippine growth forecasts for this year through 2027, citing “domestic shocks” that include an ongoing corruption scandal and external factors likely to impact trade. Economic growth is now expected to hit 5.1 percent this year instead of 5.3 percent previously, slowing from 5.7 percent in 2024 and missing the government’s 5.5- to 6.5-percent target for 2025. “[L]ower domestic investment, weak business confidence, a significant decline in foreign direct investment and domestic shocks — from typhoon- and flood-related disruptions to governance concerns that have delayed public investments” will drive the slowdown, the lender said in its latest Philippine Economic Update.   https://www.manilatimes.net/2025/12/10/business/top-business/world-bank-cuts-ph-forecasts-up-to-2027/2239986 (ICE SINGAPORE)

Fonte notizia: The Manila Times, 10 December 2025