AMRO Slashes Philippine Growth Forecasts on Energy Shock, Investment Woes - BusinessWorld Online
AMRO said the economy will grow 3.3% in 2026 and 4.6% in 2027 as high oil prices and delayed public investment weigh on demand.
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4 Articles
Amro cuts 2026 PH GDP forecast to 3.3% from 4.1%
MANILA, Philippines — The Philippines’ growth prospects for the rest of the year will hinge on how quickly government spending recovers, regional surveillance group Amro said, forecasting that the economy will lag the regional average this year and in 2027. In its Regional Economic Outlook Update released Monday, the Asean+3 Macroeconomic Research Office cut its forecast
AMRO slashes Philippine growth forecasts on energy shock, investment woes - BusinessWorld Online
THE Philippine economy may continue to grow below its potential through 2027 as persistent energy shocks and weak investment weigh on activity, the ASEAN+3 Macroeconomic Research Office (AMRO) said.
AMRO further cuts PH growth outlook as flood control issue slows investment
‘The Philippines also had some domestic issues that they need to deal with. Remember, there was this flood control-related issue, and that's significantly slowed down public investment,’ AMRO chief economist Dong He says
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