ADB Slashes Growth Outlook on PH Amid ‘External Headwinds’

ADB cuts Philippines' GDP growth forecast for 2025, 2026

ADB cuts Philippines' GDP growth forecast for 2025, 2026

ADB slashes growth outlook on PH amid ‘external headwinds’

MANILA, Philippines — The Asian Development Bank (ADB) trimmed its growth outlook on the Philippines for this year and next, citing “external headwinds.” READ: ADB sets $400-M loan for PH maritime development In its latest Asian Development Outlook report, the bank said the economy of its host country was forecast to grow by 5.6 percent

ADB cuts PH growth forecasts amid external headwinds

MANILA, Philippines — The Asian Development Bank (ADB) has trimmed its growth projections for the country this year, citing external uncertainty.Gross domestic product (GDP) is expected at 5.6 percent this year from the previous forecast of 6.0 percent. For next year, growth is seen rebounding to 5.8 percent, but still lower than the previous projection of 6.1 percent.“Set exports dragged on growth as brisk imports outpaced exports,” ADB said, n…

ADB slashes Philippine 2025 growth outlook to 5.6 pct

The ADB downgarded its economic growth outlook for the Philippines to 5.6% from 6 percent.

ADB downgrades PH economic growth outlook for 2025, 2026

Multilateral lender Asian Development Bank (ADB) has downgraded its economic growth forecast for the Philippines and developing Asia and the Pacific for this year and the next, citing external headwinds such as global trade uncertainty and weaker domestic demand.

ADB cuts growth forecast for Malaysia, India, South Korea on tariffs

MANILA -- The Asian Development Bank has cut this year's growth projections across economies in the region, citing headwinds spurred by U.S. President