01890cas a2200241 a 4500 AALejournalIMF018803 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484378588 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Asia and Pacific Dept. Philippines : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Philippines. Washington, D.C. : International Monetary Fund, 2018. 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 This 2018 Article IV Consultation highlights that the economy of The Philippines continues to perform well but is facing new challenges. Real GDP growth is projected to grow strongly in 2018 and 2019, supported by domestic demand. However, poverty and inequality challenges remain, inflation has risen, and external uncertainty has increased. The medium-term economic outlook remains favorable, but short-term risks have risen. Real GDP growth is projected at just under 7 percent over the medium term. Inflation is projected at above the 4 percent upper target bound in 2018 and stay in the upper half of the target band during 2019-2020. The current account deficit is projected to remain manageable, financed largely by foreign direct investment. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2018/287 Full text available on IMF http://elibrary.imf.org/view/journals/002/2018/287/002.2018.issue-287-en.xml IMF e-Library