MANILA, Philippines – A widening corruption inquiry into flood control projects threatens to cast a shadow over the Philippines’ growth outlook, the Asian Development Bank (ADB) warned.
Intensifying scrutiny may slow the government’s infrastructure push, potentially impacting economic progress.
Speaking at a press conference in Manila, Andrew Jeffries, the ADB’s country director for the Philippines, said the scandal’s…
https://business.inquirer.net/549966/adb-corruption-probe-adds-to-ph-growth-risks
