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Philippines Staff Report for the 2006 Article IV Consultation

The 2006 Article IV Consultation on the Philippines discusses stronger exports and reduced inflation, with the 12-month rate back within the inflation target. Remittances have continued to grow strongly, and the balance of payments received additional support in the second half of 2006 from weaker o...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2007
Series:IMF Staff Country Reports
Subjects:
Finance, Public
Depository Institutions
Inflation
Public Debt
Public-private Enterprises
Banks
Public Finance & Taxation
Banks And Banking
Currency; Foreign Exchange
Public Enterprises
Public Sector
Deflation
Debt Management
Debts, Public
Micro Finance Institutions
Debt
Exports And Imports
Mortgages
Economic Sectors
International Economics
International Lending And Debt Problems
Debts, External
External Debt
Sovereign Debt
Price Level
Foreign Exchange
Civil Service & Public Sector
Prices
Macroeconomics
Banking
Public Finance
Philippines
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:The 2006 Article IV Consultation on the Philippines discusses stronger exports and reduced inflation, with the 12-month rate back within the inflation target. Remittances have continued to grow strongly, and the balance of payments received additional support in the second half of 2006 from weaker oil prices. Continued reforms are necessary to boost investment and accelerate progress in reducing poverty. Executive Directors observed that stock of repossessed real estate assets remains large and that solving this problem will be key to allowing the banking sector to contribute to investment recovery
Physical Description:64 pages
ISBN:9781451831399

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