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IMF cuts PH growth outlook on oil shock, spending slump
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IMF cuts PH growth outlook on oil shock, spending slump
MANILA, Philippines — The International Monetary Fund (IMF) cut its growth forecast for the Philippines, adding to a string of downgrades that price in the weakest expansion since the Global Financial Crisis amid an oil-driven inflation surge and sluggish government spending. Following a staff visit, the IMF trimmed its estimate for 2026 gross domestic product
·Makati, Philippines (the)
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Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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