Philippines : 2013 Article IV Consultation

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

April 18, 2013

Electronic Access:

Free Full Text (PDF file size is 1766 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The Philippines’ macroeconomic fundamentals have improved considerably during the past decade. However, new macrofinancial challenges are emerging. The economy is continuing to adjust to the large persistent inflows from abroad. Transmission of domestic policy interest rates has been weakened by low interest rates abroad and ample domestic liquidity. The continued focus on mobilizing fiscal revenue will help support sustained and inclusive growth, while strengthening resilience to shocks. Improvements in the investment climate would make growth more persistent and support domestic job creation.

Series:

Country Report No. 13/102

Subject:

English

Publication Date:

April 18, 2013

ISBN/ISSN:

9781484359150/1934-7685

Stock No:

1PHLEA2013001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

74

Please address any questions about this title to publications@imf.org