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HomeBusinessPhilippines cuts 2026 growth forecast, citing graft scandal and energy crisis

Philippines cuts 2026 growth forecast, citing graft scandal and energy crisis

MANILA, June 22: Growth in the Philippines this year will be lower than previously forecast due to the energy crisis and the lingering effects of a corruption scandal that has slowed government spending, the economic planning secretary said on Monday. Growth is now seen coming in at 3. 5 per cent to 4. 5 per ce

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