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ADB slashes Philippines’ 2026 growth forecast to 4.4%
The Asian Development Bank (ADB) slashed its 2026 growth forecast for the Philippines to 4.4%, amid heightened uncertainty from the Middle East war. In its Asian Development Outlook (ADO) April 2026 report, the Philippine-based multilateral lender cut its Philippine gross domestic product (GDP) growth projection to 4.4%, from its 5.3% forecast in December. [...]