KEY ISSUES Context. Growth remains rapid, but has moderated from the 7u percent recorded in 2013. Remittances and accommodative monetary and financial conditions remain the primary growth drivers, despite volatile capital flows, slowing activity in the region and severe natural disasters....

This 2019 Article IV Consultation with Philippines highlights that the economic performance remains strong. The discussions focused on macroeconomic policies to keep the economy close to balance under the baseline outlook and risk scenarios; strategies for macroprudential policies to address...

This Selected Issues paper on the Philippines explores export performance in the context of global trade tensions. Unlike many Asian countries, the Philippines' exports of goods have remained stable through the ongoing period of global trade tensions. Its low participation in global trade as...

This Technical Assistance report focuses on Philippines's monetary and financial statistics (MFS). In order to align the coverage of the other depository corporations survey to statistical standards, the mission recommended the inclusion of the money market unit investment trust funds in the...

This Technical Assistance report highlights institutional weaknesses that need to be addressed and proposes eight priority reform measures to strengthen the public investment management framework in the Philippines. This report reviews public investment management practices in the Philippines,...

This 2016 Article IV Consultation highlights that the Philippine economy has continued to perform strongly. Real GDP regained strength from a slowdown in mid-2015 to record a robust 5.9 percent growth rate in 2015 and 6.9 percent in the first half of 2016. Both consumption and investment grew...

This 2017 Article IV Consultation highlights the Philippine economy's continued good performance. Real GDP growth reached 6.9 percent in 2016 and 6.4 percent in the first half of 2017, led by robust domestic demand, a recovery in exports, and a fiscal impulse. The unemployment rate remains low...