Marcos Admin to Revisit PH Economic Growth Targets for 2026-27
The Marcos administration has ordered a review of the Philippines' economic growth targets for 2026 and 2027, citing disappointing third-quarter performance. The Development Budget Coordination Committee (DBCC) will meet on December 1 to reassess these goals amidst a slowdown in economic momentum.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Poe to Budget Watchdogs: Help Find Idle Funds for Projects
Philippine House Representative Brian Poe has urged civil society budget watchdogs to help identify government programs with idle funds and to scrutinize the appropriateness of sources for proposed realignments in the 2027 national budget, aiming for fiscal efficiency and optimized allocation for public projects.
- Long lines at Malolos gas stations amid major fuel price rollback
Motorists in Malolos City, Philippines, flocked to gasoline stations on Tuesday, November 10, following a significant fuel price rollback of up to P16.80 per liter. The price drop is attributed to fluctuations in global crude oil prices.
- Senate to Sponsor 2027 National Budget Bill on Nov. 23
The Philippine Senate is set to sponsor the General Appropriations Bill (GAB) for fiscal year 2027 on November 23. The session will include sponsorship in the morning and interpellations in the afternoon, marking a crucial step in the nation's budget approval process.
- Maharlika Investment Corp. Pursues Opportunities Amidst Economic Slowdown
The Maharlika Investment Corp. (MIC) remains optimistic about Philippine investment opportunities, pledging to invest in projects that meet the country's needs despite sluggish economic growth. The company's CEO expressed this outlook at the first-ever ASEAN Sovereign Wealth Fund Forum.