BMI cuts 2026 PH growth outlook to 3.3% on infra woes

Sep 22, 2026

MANILA, Philippines — The Philippine economy is unlikely to mount a meaningful recovery in the third quarter amid renewed scrutiny of the flood control corruption scandal, prompting BMI Research to slash its full-year growth outlook anew to just 3.3 percent. In a note to clients, BMI, a unit of Fitch Solutions, said it cut its

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