Philippines : 2019 Article IV Consultation-Press Release; and Staff Report

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

February 6, 2020

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Economic performance remains strong. Growth regained momentum in the second half of 2019 following a slowdown in the first half. The latter primarily reflected budgetary developments, with some temporary government underspending in the early part of the year. A decisive monetary policy tightening in response to the inflation spike and overheating risks in 2018, and weaker external demand also contributed. The structural reform momentum and infrastructure push remain strong.

Series:

Country Report No. 20/36

Subject:

English

Publication Date:

February 6, 2020

ISBN/ISSN:

9781513529127/1934-7685

Stock No:

1PHLEA2020001

Format:

Paper

Pages:

58

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