## Philippines and the IMF

## Source details

**Canonical URL:** [Philippines and the IMF](https://www.imf.org/en/countries/phl)

## Other formats

- [Markdown version](/en/countries/phl/index.md)
- [Structured JSON version](/en/countries/phl/index.json)
- [Bundle manifest](/en/countries/phl/bundle-manifest.json)

### Office Information

Rm 407 5-Storey BuildingBSP ComplexA. Mabini Street, MalateManila 1004  
Phone: (63 2) 8708-7484  
Fax: (63 2) 8708-7483  
Email: [RR-PHL@imf.org](mailto:RR-PHL@imf.org)

### At a Glance

- 2026 Projected Real GDP (% Change) : 3.9*
- 2026 Projected Consumer Prices (% Change): 4.3
- Country Population: 115.299 million
- Date of Membership: December 27, 1945
- [Article IV/Country Report](https://www.imf.org/en/publications/cr/issues/2025/12/12/philippines-2025-article-iv-consultation-press-release-staff-report-and-statement-by-the-572494): December 14, 2025
- Special Drawing Rights (SDR): 2883.25 million
- Quota (SDR): 2042.9 million
- Number of Arrangements since membership: 23
- *GDP Data from [July 2026 World Economic Outlook Update](https://www.imf.org/en/publications/weo/issues/2026/07/08/world-economic-outlook-update-july-2026)

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### Topics Covered
- Executive Board Calendar
- Board Discussions on Philippines
- Article IV Staff Reports
- Financial Position in the Fund
- Financial Sector Assessment Program
- Transactions with the Fund
- Central Bank
- Contact Us

### Resident Representative for the Philippines
- Dennis Botman is the Resident Representative to the Philippines.
- Dennis Botman is the IMF Regional Resident Representative for Indonesia and the Philippines.
- Dennis Botman became the Resident Representative for the Philippines in January 2025 based out of Jakarta.
- He has held the Resident Representative role on Indonesia since August 2023.
- Prior roles and assignments:
  - Deputy Division Chief in the European Department Southern II Division and Mission Chief for Greece since June 2020.
  - Greece Resident Representative based in Athens (2016-2020).
  - In the Asia-Pacific Department (APD): Deputy Chief on Japan; Head of the Interdepartmental Tail Risk group; Deputy Senior Personnel Manager; and Resident Representative in the Philippines (2009-2012).
  - Worked on various APD countries and G7 economies while in the Fiscal Affairs Department (2004-2009).
  - Conducted extensive research developing and applying macro-fiscal DSGE models while in the Fiscal Affairs Department.
  - Joined the Fund’s Economist Program in 2002 with assignments in APD and the Research Department.

### Recent Consultations and Events
- The last Article IV Executive Board Consultation was on November 24, 2025.
- The IMF seeks stakeholder input for engagement in Asia ahead of the 2026 Annual Meetings in Thailand:
  - Invitation: "Do you have a few minutes to participate in a survey about the IMF’s work and communications in Asia? Your views will help us improve engagement ahead of the 2026 Annual Meetings in Thailand."
  - Action prompt: "Click here for survey"

### See All Documents

- [See All Documents](https://www.imf.org/en/countries/phl#whatsnew)

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## References

- [Board Discussions on Philippines](https://www.imf.org/en/about/executive-board/ebc-archive/country)
- [Financial Sector Assessment Program](https://www.imf.org/en/publications/fsap?sortBy=CountryName&sortVal=P)
- [Resident Representative for Philippines](https://www.imf.org/en/countries/resrep/phl)
- [Article IV/Country Report:](https://www.imf.org/en/publications/cr/issues/2025/12/12/philippines-2025-article-iv-consultation-press-release-staff-report-and-statement-by-the-572494)
- [July 2026 World Economic Outlook Update](https://www.imf.org/en/publications/weo/issues/2026/07/08/world-economic-outlook-update-july-2026)

_Source: https://www.imf.org/en/countries/phl_