By Katherine K.Chan, Reporter
WASHINGTON, D.C. — The Philippines could regain its economic momentum later this year or by early 2027 if the energy shocks prove temporary and the local investment climate improves, the International Monetary Fund (IMF) said.
In an exclusive interview with BusinessWorld, Krishna Srinivasan, director for Asia-Pacific Department at the IMF, said easing external pressures from the Middle East conflict and recovering domestic demand, particularly investments, could bring the country’s growth to 5.8% in 2027.
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