Concerns are mounting over alleged corruption involving “ghost” flood-control projects in the Philippines, fueling scrutiny over how public funds are being managed.
These governance challenges extend beyond the political sphere, carrying real economic consequences such as inefficient use of resources, stalled infrastructure development, and reduced investor confidence.
At the same time, inflation climbed to 1.5 percent in August—its highest level since March—prompting the Bangko Sentral ng Pilipinas to ease policy rates in an effort to stimulate slowing economic activity.
Dr. John Paolo Rivera, Senior Research Fellow at the òòò½´«Ã½, shared his assessment of the risks and economic outlook in an interview on Business360.
Watch the full interview here:
