Tag page - IMF World Bank Group (WBG) meetings

President Marcos’ chief economic manager is pressing global financial institutions for enhanced budgetary support and emergency financing, warning that escalating Middle East tensions and climate-driven crises are severely narrowing the fiscal maneuvering room for emerging economies. Speaking at...

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. has warned that trade shocks are more damaging than supply shocks—as they can shrink the country’s capital stock and slow growth—which monetary policy is not equipped to address. Remolona said at the International Monetary Fund (IMF)...