Tag page - IMF

The Bangko Sentral ng Pilipinas’ (BSP) pandemic-related monetary financing must be something that the central bank will only consider as a last resort, an International Monetary Fund (IMF) official said. IMF Resident Representative to the Philippines Yongzheng Yang said this stressing that the...

WASHINGTON, Oct  14, 2020 (AFP) - The world's two dominant emergency lenders opened their annual meetings on Wednesday with a renewed call for the wealthy to help the poorest deal with the ravages of the coronavirus pandemic, within national borders and globally. (FILES) In this file photo...

The International Monetary Fund (IMF) forecasts a stronger GDP growth for the Philippines in 2021 at 7.4 percent higher than the previous estimate of 6.8 percent it announced last June, but also sees “significant scarring effects” to future growth because of the pandemic-induced recession this...