This web page presents information about the work of the IMF in the Philippines, including the activities of the IMF Resident Representative Office. Additional information can be found on the Philippines and IMF country page, including IMF reports and Executive Board documents that deal with the Philippines.
At a Glance
At a Glance : Philippines's Relations with the IMF
- Current IMF membership: 191 countries
- Philippines joined the Fund in December 27, 1945; Article VIII
- Quota: SDR 879.90 million
- Outstanding Purchases and Loans: None
- The last Article IV Executive Board Consultation was on July 8, 2014 (Country Report 14/245)
Office Activities
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Money, Transformed: The Future of Currency in A Digital World
Finance and Development Magazine, June 2018
May 30, 2018
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Bloomberg interview on the Philippine Economy
Resident Representative Yongzheng Yang discussed the latest outlook for the Philippines economy in an interview with Bloomberg TV which was aired on November 20, 2017.
November 20, 2017
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Millennials and the Future of Work
Finance & Development Magazine, June 2017 Issue
September 8, 2017
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World Economic Outlook Update, July 2017
The Global Economy Maintains Momentum
July 25, 2017
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What We Have Seen and Learned 20 Years After the Asian Financial Crisis
Blog by Mitsuhiro Furusawa
July 13, 2017
IMF's Work on the Philippines
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Transcript of G24 October 22 Press Briefing
October 22, 2024
Thank you, all. We had a productive exchange of views and experiences on some of the most pressing issues, confronting the global economy today.
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IMF Staff Completes 2024 Article IV Mission to the Philippines
October 3, 2024
An International Monetary Fund team led by Ms. Elif Arbatli Saxegaard conducted discussions on the Philippine economy for the 2024 Article IV Consultation from September 18-October 2, 2024.
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July 31, 2024
Series:Technical Assistance Report No. 2024/060
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IMF Staff Concludes Visit to the Philippines
June 10, 2024
An International Monetary Fund team led by Ms. Elif Arbatli Saxegaard held meetings in Manila during June 4-10, 2024, to discuss recent economic and financial developments and the outlook for the Philippine economy
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Transcript of Press Briefing: Asia Pacific Department Regional Economic Outlook April 2024
April 30, 2024
Good morning, everyone. Thank you for attending the IMF's press briefing on the release of the Regional Economic Outlook for Asia and Pacific. I'm Huong Lan (Pinky) Vu from the Communications Department, and joining me today are two speakers. The gentleman next to me, Krishna Srinivasan, Director of the Asia and Pacific Department, and the gentleman on my far left, Thomas Helbling, Deputy Director of the Asia and Pacific Department.
October 31, 2024
Short-term prospects for Asia and the Pacific have improved slightly compared to the IMF’s April forecasts, even though growth is still expected to moderate in 2024 and 2025. The regional growth projection for 2024 has been marked up to 4.6 percent from 4.5 percent in April, largely reflecting the over-performance in the first half of the year, and the region is forecast to contribute roughly 60 percent to global growth in 2024. In 2025, more accommodative monetary conditions are expected to support activity, resulting in a slight upward growth revision to 4.4 percent from 4.3 percent in April. Inflation has retreated in much of the region. At the same time, risks have increased, reflecting rising geopolitical tensions, uncertainty about the strength of global demand, and potential for financial volatility. Demographic change will act increasingly as a brake on activity, though structural shifts into high-productivity sectors such as tradable services hold promise to sustain robust growth.
Read the Report