Philippines Resident Representative Site
Resident Representative Office in the Philippines
This web page presents information about the work of the IMF in the Philippines, including the activities of the IMF Resident Representative Office. Additional information can be found on the Philippines and IMF country page, including IMF reports and Executive Board documents that deal with the Philippines.
News — Highlights
Philippines and the IMF
Press Release: Statement at the Conclusion of the 2015 Article IV Consultation Mission to the Philippines
Statement by the Hon. Rosalia V. De Leon, Alternate Governor of the World Bank Group for Philippines
October 10, 2014
PDF File Size: 148Kb
October 9, 2014
PDF File Size: 447Kb
Regional Economic Outlook Update: Asia and Pacific
The economic outlook for Asia and Pacific is stable and robust, with growth expected to hold steady at 5.6 percent in 2015, easing slightly to 5.5 percent in 2016, according to the latest Regional Economic Outlook for Asia and Pacific, published on May 7, 2015.
Although Asia will remain the global growth leader, vulnerabilities associated with increased domestic and foreign debt are rising. Potential growth is likely to slow, reflecting weaker productivity gains, and the effects of aging populations and infrastructure bottlenecks in some countries.
The report finds that monetary and fiscal policy settings are broadly appropriate, but boosting resilience and potential growth remain top priorities, with structural reforms continuing to play a big role. The report also explores Asia's role in global value chains and the factors affecting financial integration within Asia.