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ADB slashes Phl growth forecasts for 2025, 2026
The Freeman
|December 11, 2025
The Asian Development Bank (ADB) sharply cut its growth forecasts for the Philippines for this year and 2026, amid weak infrastructure spending due to corruption probe and natural disasters.
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Christmas decorations are on sale at a market in Quezon City, Nov. 29. THE PHILIPPINE STAR
(THE PHILIPPINE STAR)
In its December Asian Development Outlook, the multilateral lender slashed its Philippine gross domestic product (GDP) growth forecast to 5% from 5.6% in September.
For 2026, the ADB trimmed its Philippine growth forecast to 5.3% from 5.7% previously.
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