The Philippine National News Agency reports that due to sharp fluctuations in global oil prices, Philippine economic authorities will hold a meeting next month to re-examine economic growth and fiscal targets. The report quoted Philippine Minister of Economic Planning, Arsenio Balisacan, as saying that the Development Budget Coordination Committee will probably hold a meeting after the release of GDP data for the first quarter in early May. He said that the Philippine economy is still recovering from the 2025 corruption scandal, and the oil price shock has further increased the downward pressure on the economy.

The Philippine National News Agency reports that due to sharp fluctuations in global oil prices, Philippine economic authorities will hold a meeting next month to re-examine economic growth and fiscal targets. The report quoted Philippine Minister of Economic Planning, Arsenio Balisacan, as saying that the Development Budget Coordination Committee will probably hold a meeting after the release of GDP data for the first quarter in early May. He said that the Philippine economy is still recovering from the 2025 corruption scandal, and the oil price shock has further increased the downward pressure on the economy.