AGP Executive Report
Last update: 8 hours agoEconomic Update: The Philippines’ economy grew just 2.3% in Q2 2026, the slowest pace since 2021, as Middle East war fallout hit inflation, fuel prices, jobs, and consumption; Malacañang called it “temporary” and expects a rebound in the second half. Public Finance & Debt: Finance Secretary Frederick Go said the government still has “a lot of room” to borrow despite debt-to-GDP rising to 66%—the highest in 21 years—after GDP slowed. Skills & Jobs: President Marcos said nearly P19 billion was allotted for TESDA scholarships, with 1,150 scholars graduating in Ilocos Norte. Healthcare Access: EDCOM 2 reported only 14 hospitals nationwide offer PhilHealth’s Z Benefit for children with disabilities, with seven regions having none. Diplomacy & Security: DFA condemned anti-China casket displays across Metro Manila and urged accountability, while police investigate. Justice & Politics: Ombudsman Remulla said Sen. Loren Legarda and Rep. Leandro Leviste are expected to return amid ongoing graft probes; meanwhile, “maleta” cash allegations involving ex-bodyguards continue to roil the Romualdez-Co case. Local Crime: Authorities arrested suspects in a buy-bust over counterfeit Maggi seasoning in Bacolod. Power & Industry: Manila Water reported 6% higher first-half net income to P8.5B, citing tariff adjustments and steady demand.
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