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MOODY’S CUTS PH FORECASTS
THE Asia-Pacific economic growth outlook has become even more complicated due to war in the Middle East and the Philippines will likely keep missing official targets to 2028, Moody’s Analytics said. The region, already “on a fragile footing” entering 2026, could see growth slow to 4.0 percent from 4.3 percent last year and decelerate even further to 3.6 percent in 2027. Moody’s trimmed its baseline outlooks for the Philippines to 4.9 percent for this year and 5.2 percent for 2027, from 5.1 percent and 5.4 percent previously, and kept that for 2028 at 5.3 percent. All forecasts fall below the government’s targets of 5.0–6.0 percent for 2026, 5.5–6.5 percent for 2027, and 6.0–7.0 percent for 2028. For the Philippines, the risks are particularly tied to its reliance on imported energy and exposure to global commodity markets. https://www.manilatimes.net/2026/03/24/business/top-business/moodys-cuts-ph-forecasts/2305517 (ICE SINGAPORE)
Fonte notizia: The Manila Times, 24 March 2026
