01741cas a2200241 a 4500 AALejournalIMF004082 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451831368 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Philippines : Staff Report for the 2005 Article IV Consultation and Post-Program Monitoring Discussions. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (67 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The staff report for the 2005 Article IV Consultation on the Philippines highlights managing short-term vulnerabilities and higher investment and growth. Power generation tariffs have been raised to substantially cut the losses of the National Power Corporation (NPC). A risk to the near-term outlook for the Philippine economy is that political events, such as possible constitutional change, serve to sideline economic reforms. Executive Directors agreed that rebalancing the composition of public expenditure, with reduced current outlays providing space for capital and social spending, should form an integral part of the fiscal consolidation. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2006/092 Full text available on IMF http://elibrary.imf.org/view/journals/002/2006/092/002.2006.issue-092-en.xml IMF e-Library