Philippines: Selected Issues

March 27, 2007

Preview Citation

Format: Chicago

Philippines: Selected Issues, (USA: International Monetary Fund, 2007) accessed November 21, 2024

Summary

This Selected Issues paper highlights the Philippine growth performance led by the services sector. Average GDP growth is higher in the post-Asian crisis period in the Philippines, while the majority of the Philippines’s regional peers have experienced substantially lower growth in the post-Asian crisis period compared with the pre-crisis period. Trade and transport, storage, and communications services have been growth drivers while private and financial services have started to add new momentum. Various transfer programs are identified that would be much better targeted than across-the-board energy tax cuts.

Subject: Bank credit, Economic sectors, Financial statements, Money, National accounts, Personal income, Public financial management (PFM), Services sector, Taxes, Value-added tax

Keywords: Balance sheet variable, Bank, Bank asset quality, Bank credit, BPO industry, Consumption-investment decision, CR, Financial statements, Global, Investment ratio, ISCR, Lending, Personal income, Philippines, Role balance sheet problem, Service sector share, Services sector, Spending, Value-added tax

Publication Details

Pages:

37
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2007/131
Stock No:

1PHLEA2007002
ISBN:

9781451831405
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports