Philippines : 2010 Article IV Consultation—Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Philippines

Author/Editor:

International Monetary Fund

Publication Date:

March 1, 2011

Electronic Access:

Free Full text (PDF file size is 1665 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

After the global financial crisis, economic growth of the Philippines has increased. However, renewed shocks to global growth and financial markets would affect Philippine exports and remittances. The Bangko Sentral ng Pilipinas (BSP) appropriately has started to unwind its liquidity support measures since early 2010. Traditional toolkits are available for managing external inflows. The planned gradual withdrawal of fiscal stimulus and the focus on medium-term consolidation are welcomed. Public–private partnership programs can play an important role, and a medium-term Philippine development plan could also be prepared.

Series:

Country Report No. 11/59

Subject:

English

Publication Date:

March 1, 2011

ISBN/ISSN:

9781455219964/1934-7685

Stock No:

1PHLEA2011002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

61

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