The World Bank Group lowered the Philippine economic growth forecast to 5.2% next year, but the bank expects investment to pick up, and the Bank of the Philippines will restart the easing policy. The World Bank stated in the mid-year edition of the “Philippine Economic Outlook”: “The benchmark scenario predicts that as the governance environment stabilizes and public investment gradually recovers, the Bank of the Philippines restarts its easing policy, and the economic growth rate will rise back to 5.2% in 2027.” Note: The latest 2027 growth forecast is lower than the 5.6% given in the June Global Economic Outlook. The World Bank stated, “Under the benchmark scenario, economic growth from 2027 to 2028 is expected to move closer to the potential growth rate as investment returns to normal and the financial environment is relaxed.” The World Bank expects the Philippine economy to grow at 3.7% in 2026.

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