The Asian Development Bank (ADB) has maintained its 2026 gross domestic product (GDP) growth forecast for the Philippines at 3.8 per cent, despite weaker-than-expected growth in the first half of the year. The economy could recover during the second half, although achieving the forecast would be challenging.
ADB would continue supporting infrastructure development and expand private-sector financing in the Philippines. Further, infrastructure execution is an increasing challenge, and ADB plans to increase financing for private investment fourfold by 2030. The bank is also involved in the Maynilad IPO and served as transaction adviser for the public-private partnership project for Ninoy Aquino International Airport.