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IMF lowers Philippines' 2025 growth forecast to 5.1% due to weak investment, consumption, and rising tariffs.
The International Monetary Fund has revised down the Philippines' 2025 growth forecast to 5.1% from 5.4%, with 2026 growth projected at 5.6%, citing a sharper-than-expected third-quarter slowdown driven by weaker investment, declining private consumption, and rising global tariffs.
Inflation is expected to rise to 2.8% in 2026, and while the central bank has cut rates by 200 basis points since August 2024, further easing faces constraints from inflation risks and a weakening peso.
Analysts warn that without anti-corruption reforms and improved public financial management, monetary policy alone cannot restore investor confidence or achieve sustained growth.
El FMI reduce la previsión de crecimiento de Filipinas para 2025 al 5,1% debido a la debilidad de la inversión, el consumo y el aumento de las tarifas.