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IMF slashes PHL growth forecasts

22 April 2025
in Business
Reading Time: 5 mins read
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IMF slashes PHL growth forecasts
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By Luisa Maria Jacinta C. Jocson, Senior Reporter

THE INTERNATIONAL Monetary Fund (IMF) slashed its gross domestic product (GDP) growth projections for the Philippines from this year to the next, reflecting heightened global uncertainty arising from US tariff policy.

In its latest World Economic Outlook (WEO), the IMF downgraded its GDP growth forecast for the Philippines to 5.5% this year from the 6.1% projection in its January update.

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