The Philippines cut its economic growth targets and expects the peso to weaken beyond the end of President Ferdinand Marcos Jr.’s term in 2028, according to Bloomberg.
The government cited headwinds including tensions in the Middle East and an intense El Niño weather event.
GEOPOLITICS | Philippines Cuts Growth Targets, Sees Weaker Peso Beyond Marcos’ 2028 Term
2026-06-29 00:51:47
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