Singapore
IMF, MOODY’S CUT PH FORECASTS
THE International Monetary Fund (IMF) and Moody’s Ratings have lowered their Philippine growth forecasts, joining other institutions that have downgraded their outlooks due to the likely impact from the war in the Middle East. “Growth in the Philippines is revised downward by 1.5 percentage points for 2026, relative to January, with the war shock compounding the negative base effects from a weaker-than-expected 2025 outturn related to a sharp decline in public investment and confidence,” the IMF said in the April edition of its World Economic Outlook. The country is now expected to post growth of just 4.1 percent this year, lower than the 5.6 percent projected in January and a slowdown from last year’s 4.4-percent expansion. It also falls below the government’s 5.0- to 6.0-percent target for 2026. https://www.manilatimes.net/2026/04/15/business/top-business/imf-moodys-cut-ph-forecasts/2320004 (ICE SINGAPORE)
Fonte notizia: The Manila Times, 15 April 2026
