Economy Infrastructure Slump Amid Ghost Project.

The Philippine economy is navigating a low-growth era following a massive corruption scandal involving anomalous flood control projects. The Department of Budget and Management (DBM) reduced its infrastructure spending target to 4.3% of GDP for 2026 (down from over 5%). Economists note that the scandal has dampened foreign investor confidence, leading to a wait-and-see approach that has slowed the construction of vital provincial bridges and railways. The government is now scrambling to implement clean budget safeguards to restore trust. The money should have gone to the people working on the projects not the government. The government is holding 55% of all funding for water projects. Release the information goverment.

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