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Philippines: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Philippines

International Monetary Fund

No 2021/177, IMF Staff Country Reports from International Monetary Fund

Abstract: The economy is recovering after a major, pandemic-induced economic downturn. The authorities have deployed a comprehensive set of policy responses that have helped to mitigate the socioeconomic impact and maintain financial stability. The economic recovery slowed in the first half of 2021 due to a second wave of COVID-19 infections. Vaccination has started and is poised to accelerate from midyear.

Keywords: money market rate; government transaction; financial asset; headline inflation; CPI data; IMF capacity development assistance; inflation outlook; FSI website; COVID-19; Economic recovery; Fiscal stimulus; Liquidity requirements; Budget planning and preparation; Global (search for similar items in EconPapers)
Pages: 80
Date: 2021-08-06
New Economics Papers: this item is included in nep-isf, nep-mac and nep-sea
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