Philippines: Technical Assistance Report-Macroeconomic Framework Technical Assistance

September 16, 2026

Summary

This report outlines the progress and findings of a technical assistance project initiated by the Department of Finance (DOF) of the Philippines to the International Monetary Fund (IMF), aimed at further strengthening the DOF’s macroeconomic forecasting and policy analysis capabilities. The project commenced in 2023, focusing on developing a macroeconomic forecasting tool based on the Comprehensive Adaptive Expectations Model (CAEM) by the Institute for Capacity Development of the IMF. DOF staff have made good progress in implementing CAEM for macroeconomic forecasting and policy analysis since the beginning of the project.

Subject: Import prices, Imports, Inflation, Inflation targeting, International trade, Monetary policy, National accounts, Prices, Private consumption, Public debt

Keywords: Comprehensive Adaptive Expectations Model (CAEM), Financial Programming and Policies, Forecasting and Policy Analysis, Macroeconomic Framework.

Pages:
30
Volume:
2026
DOI:
https://doi.org/10.5089/9798229059244.019
Issue:
075
Series:
Technical Assistance Report No. 2026/075
Stock No:
TAREA2026075
ISBN:
9798229059244
ISSN:
3005-4575

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