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ADB Projects 5.6% Growth for Philippines Amid Corruption Risks

10/1/2025

39 8 Full Breakdown

Summary

Story summary

Asian Development Bank (ADB) keeps Philippines' 2025 GDP growth at 5.6%, citing strong domestic demand.
For 2026, projected growth is 5.7% due to external headwinds and weaker advanced-economy growth.
ADB warns corruption, particularly in flood-control projects, risks growth and investor sentiment, and urges oversight.
Inflation eases to 1.8% in 2025 from 2.2%, aided by food prices and improved rice supply.

History

Historical Context

The 1997 Asian Financial Crisis triggered significant economic downturns across Southeast Asia, including a 0.6% GDP contraction in the Philippines. In response, the Asian Development Bank (ADB) has stressed the need for robust governance to combat corruption in infrastructure projects. Looking ahead, the ADB forecasts a 5.6% GDP growth for the Philippines in 2025, underscoring the importance of maintaining investor confidence.

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Story summary

Asian Development Bank (ADB) keeps Philippines' 2025 GDP growth at 5.6%, citing strong domestic demand.
For 2026, projected growth is 5.7% due to external headwinds and weaker advanced-economy growth.
ADB warns corruption, particularly in flood-control projects, risks growth and investor sentiment, and urges oversight.
Inflation eases to 1.8% in 2025 from 2.2%, aided by food prices and improved rice supply.

1 / 2