The Philippine economy is expected to slow to 5.1 per cent in 2025 due to weak investment, domestic shocks, and soft global demand, but recover to 5.3 per cent in 2026 and 5.4 per cent in 2027, the World Bank says.
Strong consumption, easing inflation, and revived infrastructure spending will aid the rebound, while reforms and stronger urban corridors remain key priorities.
Strong consumption, easing inflation, and revived infrastructure spending will aid the rebound, while reforms and stronger urban corridors remain key priorities.