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March 29, 2013
February 17, 2012
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Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2015  2016
Real GDP 6.7 6.3
Consumer Prices 2.1 2.8
Source: World Economic Outlook (April 2015)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Philippines: Financial Position in the Fund

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Bangko Sentral ng Pilipinas


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Philippines and the IMF
Updated April 18, 2015

The last Article IV Executive Board Consultation was on March 29, 2013. Listed below are items related to the Philippines, in reverse chronological order (you can also view items by category).

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February 24, 1999 -- News Brief: IMF Completes Review and Approves US$129 Million Credit Tranche for the Philippines
February 10, 1999 -- Transcript of a video Conference of Mr. Fischer with the University of California San Diego Economic Roundtable
We are at a time when so many emerging market countries are in trouble and when one of the three largest economies in the world, Japan, is in trouble that the U.S. economy continues to do spectacularly well.
January 20, 1999 -- Philippines Supplementary Memorandum on Economic and Financial Policies, January 20, 1999 -- Letter of Intent
This Memorandum on Economic and Financial Policies describes the policies that the Philippines intends to implement in the context of its request for financial support from the IMF.
January 16, 1999 -- Economic and Financial Situation in Asia: Latest Developments - Background paper prepared for presentation by Michel Camdessus
Presented at the Asia-Europe Finance Ministers Meeting, Frankfurt, Germany
November 01, 1998 -- Financial Market Contagion in the Asian Crisis
Author/Editor: Baig, Taimur | Goldfajn, Ilan
Series: Working Paper No. 98/155
October 30, 1998 -- News Brief: IMF Completes Review and Approves US$280 Million Credit Tranche for the Philippines
October 07, 1998 -- Statement by the Hon. Edgardo B. Espiritu, Governor of the World Bank for the Philippines, at the Joint Annual Discussion
PDF File Size: 33Kb
September 01, 1998 -- Managing Corporate Distress in the Philippines-Some Policy Recommendations
Author/Editor: Lim, G. C. | Woodruff, Charles
Series: Working Paper No. 98/138
September 01, 1998 -- Finance & Development September 1998 - Poverty and Economic Policy in the Philippines
By Philip Gerson - Past economic policies that hampered growth, and the resistance of powerful elites to much-needed reforms, were largely responsible for the high incidence and persistence of poverty in the Philippines. Recent policy changes have spurred growth, but additional reforms could accelerate the reduction of poverty.
July 01, 1998 -- Policy Responses to External Imbalances in Emerging Market Economies - Further Empirical Results
Author/Editor: Wong, Chorng-Huey | Carranza, Luis
Series: Working Paper No. 98/103
June 22, 1998 -- Philippines - Selected Issues
Series: IMF Staff Country Report No. 98/49
June 22, 1998 -- Philippines - Statistical Appendix
Series: IMF Staff Country Report No. 98/50
June 19, 1998 -- The Asian Crisis and Implications for Other Economies - Address by Stanley Fischer
Prepared for delivery at the seminar on The Brazilian and the World Economic Outlook organized by Internews, Sao Paulo, Brazil
March 27, 1998 -- Press Release: IMF Approves Stand-By Credit for the Philippines
March 11, 1998 -- Philippines Memorandum of Economic and Financial Policies -- Letter of Intent
This Memorandum of Economic and Financial Policies of the government of the Philippines describes the policies that the Philippines intends to implement in the context of its request for financial support from the IMF.
March 01, 1998 -- Preliminary Considerations of an Inflation Targeting Framework for the Philippines
Author/Editor: Debelle, Guy | Lim, G. C.
Series: Working Paper No. 98/39
February 01, 1998 -- Poverty, Income Distribution, and Economic Policy in the Philippines
Author/Editor: Gerson, Philip R.
Series: Working Paper No. 98/20
January 22, 1998 -- The Asian Crisis: A View from the IMF--Address by Stanley Fischer
Remarks given at the Midwinter Conference of the Bankers' Association for Foreign Trade
December 19, 1997 -- Press Conference of Michael Mussa, Economic Counsellor and Director, Research Department
I'd like to welcome you to the press conference of Mr. Michael Mussa, Economic Counselor and Director of Research of the International Monetary Fund, who will present the IMF staff's Interim Assessment of the World Economic Outlook.
November 28, 1997 -- The Asian Crisis and the International Response -- Address by Michel Camdessus
Given at the Institute of Advanced Business Studies (IESE) of the University of Navarra, Barcelona, Spain

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