BusinessWorld E-paper
April 30, 2026
THE PHILIPPINE ECONOMY likely slowed in the first quarter as the prolonged Middle East war weighed on activity, with growth expected to fall below recent quarters and miss the government’s full-year target, the Economy chief said.
Economy, Planning, and Development Secretary Arsenio M. Balisacan said the economy is unlikely to meet the 5% to 6% growth goal this year due to external shocks and lingering domestic issues.
