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IMF Philippines

Latest Daily Tribune news and analysis on IMF Philippines.

  1. BOTH the IMF and the ADB expect the BSP to maintain its monetary policy tightening bias, with IMF Research Department Chief of the Commodities Unit Andrea Pescatori saying, ‘This is predicated on the fact that the current increase in rice prices, which has a sharp and fast pass-through effect, will (result in higher) inflation that will probably show up in the next phase, especially for the fall.’

    IMF, ADB see BSP hiking rates further

    IMF and ADB expect the BSP to maintain a tightening bias as Middle East conflict, rising rice prices and weather risks add pressure to Philippine inflation.