President Ferdinand R. Marcos Jr. leads the inspection of a riverwall in Barangay Piel, Baliuag, Bulacan which was tagged as a 'ghost project.' (Mark Balmores)
Most global financial institutions anticipate a sharp slowdown in the Philippine economy in the third quarter, as the massive flood control corruption scandal has taken a toll on government spending for public goods and services.
In an Oct. 31 report, Deutsche Bank Research said its third-quarter gross domestic product (GDP) growth forecast of 5.2 percent year-on-year for the Philippines “primarily
Continue Reading on Manila Bulletin
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.