01657cas a2200241 a 4500 AALejournalIMF013504 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484359150 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Asia and Pacific Dept. Philippines : 2013 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (74 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 Philippines' macroeconomic fundamentals have improved considerably during the past decade. However, new macrofinancial challenges are emerging. The economy is continuing to adjust to the large persistent inflows from abroad. Transmission of domestic policy interest rates has been weakened by low interest rates abroad and ample domestic liquidity. The continued focus on mobilizing fiscal revenue will help support sustained and inclusive growth, while strengthening resilience to shocks. Improvements in the investment climate would make growth more persistent and support domestic job creation. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2013/102 Full text available on IMF http://elibrary.imf.org/view/journals/002/2013/102/002.2013.issue-102-en.xml IMF e-Library