Malacañang is optimistic the economy will post better growth in the second quarter of 2026 as government infrastructure projects pick up following President Ferdinand Marcos Jr.’s order to release funds for priority public works.
Palace Press Officer Claire Castro said improved infrastructure spending is expected to help boost economic activity after several projects were delayed due to the review of flood control and other public works.
“Since ngayon ay gumaganda naman ang paggastos sa imprastraktura… So nakikita sa second half this year ay malamang magkakaroon na ng konting improvement,” Castro said.
The President earlier ordered agencies to speed up the release of funds for ongoing infrastructure projects to ensure their completion and keep the economy moving.
The government recently lowered its 2026 GDP growth target to 3.5 to 4.5 percent from the earlier 5 to 6 percent, while continuing its review of flood control projects to weed out alleged irregularities before resuming legitimate construction.IMT
