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WB cuts PH growth outlook on oil shock, uncertainty

Philippine Daily Inquirer

BusinessPhilippine Daily Inquirer·Aug 3, 2026·1 min read

WB cuts PH growth outlook on oil shock, uncertainty

MANILA, Philippines — The World Bank lowered its growth forecasts for the Philippines this year and in 2027, saying prolonged policy uncertainty and a spike in global oil prices have weighed on consumer spending, investment and employment…

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