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Philippines: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Philippines

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  • International Monetary Fund

Abstract

The economy is recovering after a major, pandemic-induced economic downturn. The authorities have deployed a comprehensive set of policy responses that have helped to mitigate the socioeconomic impact and maintain financial stability. The economic recovery slowed in the first half of 2021 due to a second wave of COVID-19 infections. Vaccination has started and is poised to accelerate from midyear.

Suggested Citation

  • International Monetary Fund, 2021. "Philippines: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Philippines," IMF Staff Country Reports 2021/177, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2021/177
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