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ADB likely to trim Philippine growth forecasts

7 December 2025
in Business
Reading Time: 3 mins read
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ADB likely to trim Philippine growth forecasts
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THE ASIAN Development Bank (ADB) is likely to downgrade its Philippine gross domestic product (GDP) growth forecasts for this year and next year, as a graft scandal hurt investments and public spending.

“We were revising things downward,” ADB Country Director for the Philippines Andrew Jeffries told reporters on the sidelines of an event on Dec. 4.

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