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Philippines urged by IMF to target fiscal aid for energy crisis due to high debt.
The International Monetary Fund urges the Philippines to adopt a targeted fiscal response to its energy crisis, warning that high public debt limits its ability to provide broad economic support.
Officials emphasize the need to prioritize aid for vulnerable populations and manage energy resources efficiently amid global volatility.
Meanwhile, the IMF has lowered the Philippines' 2026 growth forecast to 4.1%, down from 5.6%, as inflation rises and external pressures mount.
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Filipinas instado por el FMI a orientar la ayuda fiscal para la crisis energética debido a la alta deuda.