Philippines: 2022 Article IV Consultation-Press Release; and Staff Report
IMF Staff Country Reports, December 15, 2022
Source details
- Canonical URL
- Philippines: 2022 Article IV Consultation-Press Release; and Staff Report
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Bibliographic details
- Published: December 15, 2022
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400227103.002
Overview
- A new administration took office in July with a blueprint to secure an inclusive, sustainable, and green recovery.
- The economy is described as fundamentally sound.
- The new administration will face three important challenges:
- (1) striking the right policy mix to secure the recovery and safeguard price stability;
- (2) building fiscal buffers as insurance against downside risks;
- (3) raising the Philippine’s long-term growth.
Key findings and focus areas
- Policy mix: Emphasis on balancing support for the recovery with measures to safeguard price stability.
- Fiscal policy: Need to build fiscal buffers to insure against downside risks.
- Growth: Priority on policies to raise long-term growth prospects.
Thematic coverage (as listed)
- Commercial banks
- Economic and financial statistics
- Excises
- External sector statistics
- Financial institutions
- Inflation
- International organization
- Monetary policy
- Prices
- Public debt
- Taxes
Keywords (as listed)
- Bangko Sentral ng Pilipinas
- Commercial banks
- Excises
- External sector statistics
- food commodity
- Global
- Inflation
- inflation expectation
- inflation in October
- staff appraisal
Publication metadata (selected)
- Pages: 76
- Volume: 2022
- Issue: 369
- Series: Country Report No. 2022/369
- DOI: https://doi.org/10.5089/9798400227103.002
- Stock No: 1PHLEA2022004
- ISBN: 9798400227103
- ISSN: 1934-7685
- Publication date on page: December 15, 2022
International Monetary Fund. Philippines: 2022 Article IV Consultation-Press Release; and Staff Report
Content in this bundle
- 1phlea2022004