The Philippines anticipates a return to economic growth of 5.5% as early as next quarter, according to the nation's finance chief. This projected rebound follows a period where a corruption scandal significantly slowed down the rollout of government projects, impacting economic momentum.

The finance department stated that government spending is now recovering, returning to levels observed prior to the scandal's emergence. This renewed investment is expected to be a primary driver of the anticipated growth surge. Details regarding specific projects and the extent of the spending recovery were not immediately available, but the government remains optimistic about the economic outlook.

The corruption scandal, which details remain limited in the provided information, previously caused delays and disruptions in infrastructure and other public works initiatives. These delays impacted various sectors and contributed to a slowdown in overall economic activity. The government's efforts to address the scandal and restore investor confidence are seen as crucial to sustaining this projected growth.

While the 5.5% growth projection represents a positive outlook, analysts note that continued vigilance against corruption and effective project implementation will be essential to ensure the Philippines achieves its economic goals. Further updates on government spending and project progress are expected in the coming weeks.