Citing weaker-than-expected economic growth in the first semester of 2025, the International Monetary Fund (IMF) has lowered its 2025 and 2026 gross domestic product (GDP) forecasts, with next year’s outlook seen to fall short of the downscaled growth goal.
IMF Mission Chief Elif Arbatli Saxegaard, who led the two-week consultation mission in Manila, told a press briefing on Wednesday, Oct.
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