MANILA, Nov. 13 -- President Ferdinand R. Marcos Jr. said Thursday the government is ramping up public spending to recover from the country's weaker economic performance in the third quarter of 2025, as the administration works to restore investor confidence amid global and domestic challenges.

The Philippine economy grew by 4 percent in the third quarter, its slowest pace since the pandemic, as the peso weakened to an all-time low and the stock market slipped to 2020 levels, amid the discovery of flood control corruption schemes.

Asked about the slowdown, Marcos cited multiple factors, including recent typhoons that disrupted business activity, and the effects of climate change and global trade shifts that have dampened economic growth...