Business
AMRO Cuts PH Growth Outlook Amidst Public Investment Slowdown
The ASEAN+3 Macroeconomic Research Office (AMRO) has lowered its economic growth forecasts for the Philippines in 2026 and 2027, citing the combined negative impacts of the Middle East energy shock and a slowdown in public investment linked to a flood control corruption controversy. The pace of recovery in public investment and construction activities is seen as crucial for future growth.
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