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BusinessWorld E-paper

June 27, 2025

ECONOMIC MANAGERS cut its gross domestic product (GDP) growth target for this year amid “heightened global uncertainties” arising from the Middle East conflict and US tariffs.

The Philippine economy is now expected to grow by 5.5-6.5% this year from the previous target of 6-8%, the Development Budget Coordination Committee (DBCC) said on Thursday.

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