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ADB cuts Philippine growth forecast

9 April 2025
in Business
Reading Time: 6 mins read
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ADB cuts Philippine growth forecast
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By Luisa Maria Jacinta C. Jocson, Senior Reporter

THE ASIAN Development Bank (ADB) trimmed its gross domestic product (GDP) growth projection for the Philippines this year, though this still places it among the fastest-growing economies in Southeast Asia.

In its latest Asian Development Outlook (ADO), the multilateral lender lowered its growth forecast for the country to 6% this year from its 6.2% projection in December.

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