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ADB trims Philippines' GDP growth outlook for 2025, 2026 as infrastructure spending slows

NAMPA / Xinhua
2025-12-10
MANILA, Dec. 10 (Xinhua) -- The Asian Development Bank (ADB) has revised downward the Philippines' economic growth forecasts for 2025 and 2026 amid reduced public infrastructure spending and tighter scrutiny of government projects, according to the Asian Development Outlook December 2025 released on Wednesday. The country's gross domestic product growth is now projected at 5 percent for 2025, down from an earlier estimate of 5.6 percent, and......
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SWAKOPMUND, 09 December 2025 - Erongo Governor Natalia |Goagoses, Erongo Police Commander Commissioner Nikolaus Kupembona and Swakopmund Mayor Suama Kautondokwa and other regional leaders intercepting vehicles at the Swakopmund roadblock as the regional road safety campaign kicks off. (Photo by: Isabel Bento) NAMPA

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SWAKOPMUND 09 December 2025 - Law enforcement officers intercepting a truck at the Swakopmund roadblock as the regional road safety campaign kicks off. (Photo by: Isabel Bento) NAMPA

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SWAKOPMUND, 09 December 2025 - Law enforcement officers intercepting vehicles at the Swakopmund roadblock as the regional road safety campaign kicks off. (Photo by: Isabel Bento) NAMPA

SWAKOPMUND, 09 December 2025 - Law enforcement officers intercepting vehicles at the Swakopmund roadblock as the regional road safety campaign kicks off. (Photo by: Isabel Bento) NAMPA

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