Tag: Public Projects
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GDP growth seen at 5.2% this year: governance reforms could accelerate recovery
Overview: A resilient forecast for 2026 The Philippine economy is projected to expand by 5.2% this year, according to the latest assessment from Unicapital Group. While global headwinds persist, the domestic outlook remains positive as policymakers push reforms to improve governance and accelerate the rollout of public projects. If governments and agencies move swiftly, the…
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Philippines GDP Growth Forecast at 5.2% on Public Projects and Governance Reforms
Executive Summary: A Promising 5.2% GDP Growth Forecast The Philippine economy is projected to expand by 5.2% this year, according to Unicapital Group. The forecast hinges on timely execution of public infrastructure projects and a steady push for governance reforms that could unlock additional investment and productivity gains. With domestic demand stabilizing after the pandemic-era…
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Auditor Blames Officials for Fallout in Hamilton’s Outdoor Shelter Project
Overview: An Audit Finds Rushed Planning Behind the Shelters An independent evaluation of Hamilton’s outdoor shelter project reveals that the drive to move quickly may have compromised essential governance and due diligence. The Office of the Auditor General (OAG) in Hamilton states that urgency in the project’s early phases sidelined careful oversight, potentially increasing taxpayer…