[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"i-heroicons:chat-bubble-left-right":3,"categories":8,"i-heroicons:chevron-down":57,"i-heroicons:magnifying-glass":59,"i-lucide:moon":61,"i-lucide:sun":63,"i-heroicons:user-circle":65,"i-heroicons:bars-3":67,"footer-categories":69,"i-heroicons:rss":78,"article-adb-sp-slash-2026-growth-forecast-corruption-infrastructure-september-2026":80,"article-related-adb-sp-slash-2026-growth-forecast-corruption-infrastructure-september-2026":116,"i-heroicons:home":148,"i-heroicons:chevron-right":150,"i-heroicons:calendar":152,"i-heroicons:clock":154,"i-simple-icons:facebook":156,"i-simple-icons:x":158,"i-simple-icons:linkedin":160,"i-simple-icons:whatsapp":163,"i-heroicons:link":165},{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":7},0,24,false,"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"M20.25 8.511c.884.284 1.5 1.128 1.5 2.097v4.286c0 1.136-.847 2.1-1.98 2.193q-.51.041-1.02.072v3.091l-3-3q-2.031 0-4.02-.163a2.1 2.1 0 0 1-.825-.242m9.345-8.334a2 2 0 0 0-.476-.095a48.6 48.6 0 0 0-8.048 0c-1.131.094-1.976 1.057-1.976 2.192v4.286c0 .837.46 1.58 1.155 1.951m9.345-8.334V6.637c0-1.621-1.152-3.026-2.76-3.235A48.5 48.5 0 0 0 11.25 3c-2.115 0-4.198.137-6.24.402c-1.608.209-2.76 1.614-2.76 3.235v6.226c0 1.621 1.152 3.026 2.76 3.235q.865.113 1.74.194V21l4.155-4.155\"/>",[9,15,21,27,33,39,45,51],{"id":10,"name":11,"slug":12,"description":13,"created_at":14,"updated_at":14},"be6f8ba6-0e47-4541-aebb-6813ccdd2102","Elections","elections","COMELEC updates, campaign coverage, candidate profiles, election results, and voter education for national and local elections","2025-12-10T17:10:42.101972Z",{"id":16,"name":17,"slug":18,"description":19,"created_at":20,"updated_at":20},"755de1e0-0bda-4325-91bc-f5f713874800","Investigations","investigations","In-depth investigative journalism on corruption, anomalies, and accountability in government","2025-12-10T17:10:42.106866Z",{"id":22,"name":23,"slug":24,"description":25,"created_at":26,"updated_at":26},"ec735825-d1b2-4956-af88-07bc895af11b","Judiciary","judiciary","Supreme Court decisions, legal cases involving public officials, and justice system developments","2025-12-10T17:10:42.110026Z",{"id":28,"name":29,"slug":30,"description":31,"created_at":32,"updated_at":32},"e1ed44e2-637c-45ba-b7b8-471653490f41","Legislative","legislative","Bills, laws, committee hearings, and proceedings from the Senate and House of Representatives","2025-12-10T17:10:42.108465Z",{"id":34,"name":35,"slug":36,"description":37,"created_at":38,"updated_at":38},"987d90cc-177c-43bb-86d2-ce61f0968859","Local Government","local-government","News from provinces, cities, municipalities, and barangays including LGU programs, local ordinances, and regional development initiatives","2025-12-10T17:10:42.100342Z",{"id":40,"name":41,"slug":42,"description":43,"created_at":44,"updated_at":44},"36b2ea04-5b7f-4e75-bbf3-6a238e50600c","National Politics","national-politics","Coverage of Malacañang, Congress, and national government affairs including executive orders, legislative proceedings, and inter-agency coordination","2025-12-10T17:10:42.096683Z",{"id":46,"name":47,"slug":48,"description":49,"created_at":50,"updated_at":50},"00d0b27c-faad-413b-ab22-1a345c36b651","Opinion","opinion","Editorial commentary, expert analysis, and diverse perspectives on Philippine political issues and governance","2025-12-10T17:10:42.105211Z",{"id":52,"name":53,"slug":54,"description":55,"created_at":56,"updated_at":56},"27e70b57-ded6-4da9-a494-78d8a4d600e1","Policy","policy","Analysis of government policies, programs, and reforms including economic measures, social welfare initiatives, and regulatory changes","2025-12-10T17:10:42.103552Z",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":58},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"m19.5 8.25l-7.5 7.5l-7.5-7.5\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":60},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"m21 21l-5.197-5.197m0 0A7.5 7.5 0 1 0 5.196 5.196a7.5 7.5 0 0 0 10.607 10.607\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":62},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M20.985 12.486a9 9 0 1 1-9.473-9.472c.405-.022.617.46.402.803a6 6 0 0 0 8.268 8.268c.344-.215.825-.004.803.401\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":64},"\u003Cg fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\">\u003Ccircle cx=\"12\" cy=\"12\" r=\"4\"/>\u003Cpath d=\"M12 2v2m0 16v2M4.93 4.93l1.41 1.41m11.32 11.32l1.41 1.41M2 12h2m16 0h2M6.34 17.66l-1.41 1.41M19.07 4.93l-1.41 1.41\"/>\u003C/g>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":66},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"M17.982 18.725A7.49 7.49 0 0 0 12 15.75a7.49 7.49 0 0 0-5.982 2.975m11.964 0a9 9 0 1 0-11.963 0m11.962 0A8.97 8.97 0 0 1 12 21a8.97 8.97 0 0 1-5.982-2.275M15 9.75a3 3 0 1 1-6 0a3 3 0 0 1 6 0\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":68},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"M3.75 6.75h16.5M3.75 12h16.5m-16.5 5.25h16.5\"/>",[70,71,72,73,74,75,76,77],{"id":10,"name":11,"slug":12,"description":13,"created_at":14,"updated_at":14},{"id":16,"name":17,"slug":18,"description":19,"created_at":20,"updated_at":20},{"id":22,"name":23,"slug":24,"description":25,"created_at":26,"updated_at":26},{"id":28,"name":29,"slug":30,"description":31,"created_at":32,"updated_at":32},{"id":34,"name":35,"slug":36,"description":37,"created_at":38,"updated_at":38},{"id":40,"name":41,"slug":42,"description":43,"created_at":44,"updated_at":44},{"id":46,"name":47,"slug":48,"description":49,"created_at":50,"updated_at":50},{"id":52,"name":53,"slug":54,"description":55,"created_at":56,"updated_at":56},{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":79},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"M12.75 19.5v-.75a7.5 7.5 0 0 0-7.5-7.5H4.5m0-6.75h.75c7.87 0 14.25 6.38 14.25 14.25v.75M6 18.75a.75.75 0 1 1-1.5 0a.75.75 0 0 1 1.5 0\"/>",{"id":81,"slug":82,"title":83,"summary":84,"content":85,"category_id":52,"status":86,"view_count":4,"published_at":87,"created_at":88,"updated_at":88,"category":89,"tags":91},"e2154bd3-0514-4c80-afc0-055eb25d29dc","adb-sp-slash-2026-growth-forecast-corruption-infrastructure-september-2026","ADB and S&P Slash Philippine 2026 Growth Forecasts, Pointing to Corruption Fallout and a 32% Drop in State Infrastructure Spending","Both downgrades fall short of Manila's own growth target, with S&P delivering the steepest cut among 14 economies it tracked and both institutions flagging the drag from a corruption scandal and a 32% drop in state infrastructure spending.","\u003Cp>The Asian Development Bank and S&P Global Ratings both cut their 2026 growth forecasts for the Philippines this week, with the ADB lowering its estimate from 3.8% to 3.3% and S&P cutting from 4.1% to 2.9% — the largest downgrade S&P made among the 14 economies it reviewed. Both numbers land below the Marcos administration's own 3.5%-to-4.5% target for the year, and both institutions pointed, in part, to the same source of drag: a corruption scandal that has shaken confidence, and a sharp pullback in the government spending that was supposed to be carrying growth.\u003C/p>\n\n\u003Cp>State infrastructure spending contracted 32.4% in the period the two institutions reviewed, even as the economy grew just 2.6% in the first half of the year — well under what forecasters had expected going in. S&P economist Vishrut Rana cited "weaker-than-expected first-half growth" and warned that "tighter monetary policy will continue to weigh on domestic demand." ADB Country Director Andrew Jeffries put the fix in terms the government has yet to deliver on: "Timely government spending on planned investments especially in the social sector and critical infrastructure projects will be important."\u003C/p>\n\n\u003Cp>\u003Cem>Analysis:\u003C/em> Neither institution spelled out the mechanism in so many words, but the numbers invite the connection. The flood-control kickback scandal that has dominated Philippine headlines for months — and that has already put a former House Speaker in detention on a ₱7.44-billion plunder charge — is the same scandal that triggered heightened scrutiny of DPWH disbursements, the agency that accounts for the bulk of state infrastructure spending. The government's own accountability push, in other words, may be showing up as a drag in the same growth data that the scandal itself helped depress through the confidence channel. No Philippine economic official has yet addressed that tension directly.\u003C/p>\n\n\u003Cp>Both institutions also cut their 2027 outlook — ADB from 5.3% to 5.1%, S&P from 5.8% to 5.4% — meaning the downgrade is not being treated as a one-year blip. Inflation forecasts moved the other direction: ADB now projects 5.9% for 2026, nearly double the Bangko Sentral ng Pilipinas' 3% target, before easing to 4.4% in 2027. Household consumption, the traditional cushion for Philippine growth, rose just 2.8% — thin enough that neither forecaster is counting on consumers to offset the infrastructure shortfall.\u003C/p>\n\n\u003Cp>The Marcos administration had not publicly responded to either downgrade as of this writing, and neither the Department of Finance nor the Department of Economy, Planning, and Development has said how, or whether, the 2027 budget currently before Congress will be adjusted to reflect growth expectations now running as much as 1.6 percentage points below the government's own floor.\u003C/p>\n\n\u003Ch3>Context\u003C/h3>\n\u003Cp>The downgrades follow a string of weak external data this year, including a balance-of-payments deficit already worse than all of 2025 and forecasts of the peso sinking to a record low by year-end — signs, taken together, of an economy absorbing both a corruption scandal and its own government's response to it.\u003C/p>\n\n\u003Ch3>Sources\u003C/h3>\n\u003Cul>\n\u003Cli>\u003Ca href=\"https://business.inquirer.net/612544/adb-sp-slash-ph-gdp-growth-forecasts-for-2026\" rel=\"nofollow noreferrer\">ADB, S&P slash PH GDP growth forecasts for 2026\u003C/a> — Inquirer.net, Sept. 24, 2026\u003C/li>\n\u003C/ul>","published","2026-09-24T22:15:41.886086Z","2026-09-24T22:15:41.886375Z",{"id":52,"name":53,"slug":54,"description":55,"created_at":90,"updated_at":90},"0001-01-01T00:00:00Z",[92,96,100,104,108,112],{"id":93,"name":94,"slug":95,"created_at":90,"updated_at":90},"00e90b3d-8a4b-44db-95ca-382bd438a8ec","Infrastructure","infrastructure",{"id":97,"name":98,"slug":99,"created_at":90,"updated_at":90},"5ae4877f-7d5d-43b0-a204-13ccc674561c","Economy","economy",{"id":101,"name":102,"slug":103,"created_at":90,"updated_at":90},"9442cad9-2e31-4cf4-b61c-28872db17f2f","GDP","gdp",{"id":105,"name":106,"slug":107,"created_at":90,"updated_at":90},"cd8fd186-7a4c-48fd-adca-93aed91d5297","Political Risk","political-risk",{"id":109,"name":110,"slug":111,"created_at":90,"updated_at":90},"b43cf7cf-b5d4-41dd-a1f9-f86a3a05b1be","Fiscal Policy","fiscal-policy",{"id":113,"name":114,"slug":115,"created_at":90,"updated_at":90},"19ec4e82-0fbb-46f8-8caa-1ff99465e614","Public Spending","public-spending",[117,125,133,140],{"id":118,"slug":119,"title":120,"summary":121,"status":86,"view_count":122,"published_at":123,"created_at":124,"category_name":53,"category_slug":54},"9638b272-f82a-421d-b9de-738de5258820","philippines-widest-deficit-sea-spending-cuts-debt-costs-surge-june-2026","Philippines Faces Steepest Spending Pressure in Southeast Asia as Debt Costs Surge and Deficit Exceeds Target","Oxford Economics warns that Manila — carrying the widest fiscal deficit in ASEAN at 5.6% of GDP — will be forced to rein in government spending as interest payments consume over 15% of revenue and borrowing costs climb, compounding the infrastructure collapse already caused by the flood control graft crackdown.",9,"2026-06-10T07:26:58.041805Z","2026-06-10T07:26:58.042004Z",{"id":126,"slug":127,"title":128,"summary":129,"status":86,"view_count":130,"published_at":131,"created_at":132,"category_name":53,"category_slug":54},"5e18ed5d-ca13-461b-85d6-75081546f741","dbm-releases-87-percent-2026-budget-dpwh-catches-up-infrastructure-spending-slump-june-2026","Gov't Releases 87.7% of the P6.79-Trillion Budget but Lags Last Year's Pace as Infrastructure Spending Stays in a Slump","The Department of Budget and Management has released 87.7% of the P6.793-trillion 2026 national budget as of end-May — slower than the 90.4% disbursed a year earlier — even as the long-lagging DPWH finally received 96.6% of its allocation. But capital spending remains depressed: infrastructure and other capital outlays plunged 52% to P41.5 billion in April, the 10th straight monthly decline since the flood-control corruption scandal erupted.",6,"2026-06-21T22:10:21.312164Z","2026-06-21T22:10:21.312996Z",{"id":134,"slug":135,"title":136,"summary":137,"status":86,"view_count":130,"published_at":138,"created_at":139,"category_name":53,"category_slug":54},"cced4281-77a6-4d31-b2f4-19a481be6ba5","philippines-fiscal-deficit-debt-pressure-oxford-economics-spending-cuts-june-2026","Philippines Faces Region's Worst Fiscal Pressure as Debt Costs Surge; Interest Payments to Exceed 15% of Government Revenue","An Oxford Economics analysis released this week warned that the Philippines — entering 2026 with Southeast Asia's widest budget deficit — now faces the most severe market pressure in the region to cut state spending, as rising borrowing costs consume an ever-larger share of government revenue and the economy digests the fallout from the flood control corruption crackdown.","2026-06-04T22:59:59.006982Z","2026-06-04T22:59:59.00728Z",{"id":141,"slug":142,"title":143,"summary":144,"status":86,"view_count":145,"published_at":146,"created_at":147,"category_name":53,"category_slug":54},"156014c1-2395-4db8-b95e-05946ec070b4","philippines-national-debt-p18-49-trillion-record-gdp-ratio-21-year-high-2026","Philippine National Debt Swells to Record P18.49 Trillion; Debt-to-GDP Ratio Reaches 21-Year High","The national government's outstanding debt hit a fresh high of P18.49 trillion at end-March 2026, driving the debt-to-GDP ratio to 65.2% — the worst reading since 2005 — as a weakening peso inflated the peso value of foreign-currency borrowings and domestic securities issuance continued at pace.",4,"2026-05-23T10:33:12.496725Z","2026-05-23T10:33:12.497485Z",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":149},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"m2.25 12l8.955-8.955a1.124 1.124 0 0 1 1.59 0L21.75 12M4.5 9.75v10.125c0 .621.504 1.125 1.125 1.125H9.75v-4.875c0-.621.504-1.125 1.125-1.125h2.25c.621 0 1.125.504 1.125 1.125V21h4.125c.621 0 1.125-.504 1.125-1.125V9.75M8.25 21h8.25\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":151},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"m8.25 4.5l7.5 7.5l-7.5 7.5\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":153},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"M6.75 3v2.25M17.25 3v2.25M3 18.75V7.5a2.25 2.25 0 0 1 2.25-2.25h13.5A2.25 2.25 0 0 1 21 7.5v11.25m-18 0A2.25 2.25 0 0 0 5.25 21h13.5A2.25 2.25 0 0 0 21 18.75m-18 0v-7.5A2.25 2.25 0 0 1 5.25 9h13.5A2.25 2.25 0 0 1 21 11.25v7.5\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":155},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"M12 6v6h4.5m4.5 0a9 9 0 1 1-18 0a9 9 0 0 1 18 0\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":157},"\u003Cpath fill=\"currentColor\" d=\"M9.101 23.691v-7.98H6.627v-3.667h2.474v-1.58c0-4.085 1.848-5.978 5.858-5.978c.401 0 .955.042 1.468.103a9 9 0 0 1 1.141.195v3.325a9 9 0 0 0-.653-.036a27 27 0 0 0-.733-.009c-.707 0-1.259.096-1.675.309a1.7 1.7 0 0 0-.679.622c-.258.42-.374.995-.374 1.752v1.297h3.919l-.386 2.103l-.287 1.564h-3.246v8.245C19.396 23.238 24 18.179 24 12.044c0-6.627-5.373-12-12-12s-12 5.373-12 12c0 5.628 3.874 10.35 9.101 11.647\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":159},"\u003Cpath fill=\"currentColor\" d=\"M14.234 10.162L22.977 0h-2.072l-7.591 8.824L7.251 0H.258l9.168 13.343L.258 24H2.33l8.016-9.318L16.749 24h6.993zm-2.837 3.299l-.929-1.329L3.076 1.56h3.182l5.965 8.532l.929 1.329l7.754 11.09h-3.182z\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":161,"hidden":162},"\u003Cpath fill=\"currentColor\" d=\"M20.447 20.452h-3.554v-5.569c0-1.328-.027-3.037-1.852-3.037c-1.853 0-2.136 1.445-2.136 2.939v5.667H9.351V9h3.414v1.561h.046c.477-.9 1.637-1.85 3.37-1.85c3.601 0 4.267 2.37 4.267 5.455v6.286zM5.337 7.433a2.06 2.06 0 0 1-2.063-2.065a2.064 2.064 0 1 1 2.063 2.065m1.782 13.019H3.555V9h3.564zM22.225 0H1.771C.792 0 0 .774 0 1.729v20.542C0 23.227.792 24 1.771 24h20.451C23.2 24 24 23.227 24 22.271V1.729C24 .774 23.2 0 22.222 0z\"/>",true,{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":164},"\u003Cpath fill=\"currentColor\" d=\"M17.472 14.382c-.297-.149-1.758-.867-2.03-.967c-.273-.099-.471-.148-.67.15c-.197.297-.767.966-.94 1.164c-.173.199-.347.223-.644.075c-.297-.15-1.255-.463-2.39-1.475c-.883-.788-1.48-1.761-1.653-2.059c-.173-.297-.018-.458.13-.606c.134-.133.298-.347.446-.52s.198-.298.298-.497c.099-.198.05-.371-.025-.52s-.669-1.612-.916-2.207c-.242-.579-.487-.5-.669-.51a13 13 0 0 0-.57-.01c-.198 0-.52.074-.792.372c-.272.297-1.04 1.016-1.04 2.479c0 1.462 1.065 2.875 1.213 3.074s2.096 3.2 5.077 4.487c.709.306 1.262.489 1.694.625c.712.227 1.36.195 1.871.118c.571-.085 1.758-.719 2.006-1.413s.248-1.289.173-1.413c-.074-.124-.272-.198-.57-.347m-5.421 7.403h-.004a9.87 9.87 0 0 1-5.031-1.378l-.361-.214l-3.741.982l.998-3.648l-.235-.374a9.86 9.86 0 0 1-1.51-5.26c.001-5.45 4.436-9.884 9.888-9.884c2.64 0 5.122 1.03 6.988 2.898a9.82 9.82 0 0 1 2.893 6.994c-.003 5.45-4.437 9.884-9.885 9.884m8.413-18.297A11.82 11.82 0 0 0 12.05 0C5.495 0 .16 5.335.157 11.892c0 2.096.547 4.142 1.588 5.945L.057 24l6.305-1.654a11.9 11.9 0 0 0 5.683 1.448h.005c6.554 0 11.89-5.335 11.893-11.893a11.82 11.82 0 0 0-3.48-8.413\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":166},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"M13.19 8.688a4.5 4.5 0 0 1 1.242 7.244l-4.5 4.5a4.5 4.5 0 0 1-6.364-6.364l1.757-1.757m13.35-.622l1.757-1.757a4.5 4.5 0 0 0-6.364-6.364l-4.5 4.5a4.5 4.5 0 0 0 1.242 7.244\"/>"]