The Philippines growth outlook has been revised lower by the International Monetary Fund, which now expects the economy to expand 5.1% in 2025 and 5.6% in 2026, both below the government’s 6%–7% target range. The IMF said the weaker Philippines growth outlook reflects higher US tariffs weighing on exports and investment, alongside global trade-policy uncertainty, corruption allegations linked to flood-control projects and more frequent climate shocks. While disinflation has b