^
+ Follow HAKSAR Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 282969
                    [Title] => RP may exit from IMF program by August — BSP
                    [Summary] => The Philippines may exit from the post-program monitoring of the International Monetary Fund (IMF) as early as August this year but  government officials are hesitant to give up the Fund’s seal of good housekeeping. 


The Bangko Sentral ng Pilipinas (BSP) said yesterday that as of this year, the country’s remaining obligations with the IMF has fallen to about 41 percent of its membership quota.
[DatePublished] => 2005-06-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 271420 [Title] => IMF post-program monitoring of RP to continue for another year [Summary] => Despite calls for the termination of its close monitoring, the International Monetary Fund (IMF) will continue its post-program monitoring of the Philippines for another year.

The post-program monitoring (PPM) is an annual examination of the country’s macro-economic targets and policy undertaking, conducted over and above the regular Article IV review applicable to all members of the IMF.

According to IMF resident representative Vikram Haksar, the PPM will continue, putting the Philippines under IMF review twice a year instead of just once.
[DatePublished] => 2005-03-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 266666 [Title] => IMF conducts bi-annual review of RP economy [Summary] => As the Arroyo administration claimed resolution of its fiscal problems, the International Monetary Fund (IMF) arrived this week to conduct the last of its bi-annual reviews of the economy.

The IMF mission headed by Philippine mission head Masahiko Takeda arrived last Tuesday to meet with senior economic and finance officials and discuss the progress of the government’s tax reform program and fiscal situation.
[DatePublished] => 2004-11-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 265857 [Title] => RP growth to slow down to 4% unless gov’t acts swiftly — IMF [Summary] => The International Monetary Fund (IMF) said the Philippines’ economic growth rate would slow down to four percent by the end of the decade unless the government is able to contain its current fiscal problems.

In its report following the annual post program monitoring (PPM) review, the IMF said such a failure would keep the country’s financing requirements and vulnerabilities at high levels over the medium term, leading growth to trend down by the end of 2010.

At this level, the IMF said such growth would only be about two percent in per capita terms.
[DatePublished] => 2004-10-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 221563 [Title] => IMF admits ‘nagging’ RP on reforms [Summary] => The International Monetary Fund (IMF) has admitted that it has been "nagging" for economic reforms in the Philippines as earlier criticized by Finance Secretary Jose Isidro Camacho.

"Did he really say ‘nag’? a chuckling IMF resident representative Vikram Haksar asked reporters, referring to Camacho’s public comments about the need for the IMF to reassess its emerging role in the Philippine economy.
[DatePublished] => 2003-09-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 217286 [Title] => IMF warns vs easing of bank policies [Summary] => The International Monetary Fund (IMF) has warned against the easing of bank regulatory policies to expedite the recovery of the banking sector, noting that one compromise could open the floodgates for further easing that could undermine the regulatory regime.

In its post-program monitoring report, the IMF urged the government to "contain risks from regulatory forbearance" while strengthening reform efforts in the financial sector.
[DatePublished] => 2003-08-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 204439 [Title] => IMF talks to focus on RP’s fiscal policy [Summary] => The International Monetary Fund (IMF) said yesterday the country’s growth outlook, balance of payments and fiscal policy will be the primary focus of its discussions with Philippine economic and finance officials when they meet for the post-program monitoring (PPM) review beginning next week.

IMF resident representative Vikram Haksar said in a statement yesterday that in matters related to the Arroyo administration’s fiscal policy framework, the IMF mission also wanted to discuss measures being undertaken to strengthen tax administration.
[DatePublished] => 2003-05-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 202311 [Title] => IMF hikes RP growth forecast to 4% [Summary] => The International Monetary Fund (IMF) has adjusted upward its growth forecast for the Philippines from 3.5 percent to four percent this year despite expectations of a slower-than-expected global economic recovery due in part to the US-Iraq war.

In a report called World Economic Outlook released in Washington Wednesday night (Manila time), the IMF said that its economic projection for the Philippines has been revised upward after the country exceeded expectations in 2002.
[DatePublished] => 2003-04-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
HAKSAR
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 282969
                    [Title] => RP may exit from IMF program by August — BSP
                    [Summary] => The Philippines may exit from the post-program monitoring of the International Monetary Fund (IMF) as early as August this year but  government officials are hesitant to give up the Fund’s seal of good housekeeping. 


The Bangko Sentral ng Pilipinas (BSP) said yesterday that as of this year, the country’s remaining obligations with the IMF has fallen to about 41 percent of its membership quota.
[DatePublished] => 2005-06-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 271420 [Title] => IMF post-program monitoring of RP to continue for another year [Summary] => Despite calls for the termination of its close monitoring, the International Monetary Fund (IMF) will continue its post-program monitoring of the Philippines for another year.

The post-program monitoring (PPM) is an annual examination of the country’s macro-economic targets and policy undertaking, conducted over and above the regular Article IV review applicable to all members of the IMF.

According to IMF resident representative Vikram Haksar, the PPM will continue, putting the Philippines under IMF review twice a year instead of just once.
[DatePublished] => 2005-03-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 266666 [Title] => IMF conducts bi-annual review of RP economy [Summary] => As the Arroyo administration claimed resolution of its fiscal problems, the International Monetary Fund (IMF) arrived this week to conduct the last of its bi-annual reviews of the economy.

The IMF mission headed by Philippine mission head Masahiko Takeda arrived last Tuesday to meet with senior economic and finance officials and discuss the progress of the government’s tax reform program and fiscal situation.
[DatePublished] => 2004-11-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 265857 [Title] => RP growth to slow down to 4% unless gov’t acts swiftly — IMF [Summary] => The International Monetary Fund (IMF) said the Philippines’ economic growth rate would slow down to four percent by the end of the decade unless the government is able to contain its current fiscal problems.

In its report following the annual post program monitoring (PPM) review, the IMF said such a failure would keep the country’s financing requirements and vulnerabilities at high levels over the medium term, leading growth to trend down by the end of 2010.

At this level, the IMF said such growth would only be about two percent in per capita terms.
[DatePublished] => 2004-10-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 221563 [Title] => IMF admits ‘nagging’ RP on reforms [Summary] => The International Monetary Fund (IMF) has admitted that it has been "nagging" for economic reforms in the Philippines as earlier criticized by Finance Secretary Jose Isidro Camacho.

"Did he really say ‘nag’? a chuckling IMF resident representative Vikram Haksar asked reporters, referring to Camacho’s public comments about the need for the IMF to reassess its emerging role in the Philippine economy.
[DatePublished] => 2003-09-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 217286 [Title] => IMF warns vs easing of bank policies [Summary] => The International Monetary Fund (IMF) has warned against the easing of bank regulatory policies to expedite the recovery of the banking sector, noting that one compromise could open the floodgates for further easing that could undermine the regulatory regime.

In its post-program monitoring report, the IMF urged the government to "contain risks from regulatory forbearance" while strengthening reform efforts in the financial sector.
[DatePublished] => 2003-08-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 204439 [Title] => IMF talks to focus on RP’s fiscal policy [Summary] => The International Monetary Fund (IMF) said yesterday the country’s growth outlook, balance of payments and fiscal policy will be the primary focus of its discussions with Philippine economic and finance officials when they meet for the post-program monitoring (PPM) review beginning next week.

IMF resident representative Vikram Haksar said in a statement yesterday that in matters related to the Arroyo administration’s fiscal policy framework, the IMF mission also wanted to discuss measures being undertaken to strengthen tax administration.
[DatePublished] => 2003-05-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 202311 [Title] => IMF hikes RP growth forecast to 4% [Summary] => The International Monetary Fund (IMF) has adjusted upward its growth forecast for the Philippines from 3.5 percent to four percent this year despite expectations of a slower-than-expected global economic recovery due in part to the US-Iraq war.

In a report called World Economic Outlook released in Washington Wednesday night (Manila time), the IMF said that its economic projection for the Philippines has been revised upward after the country exceeded expectations in 2002.
[DatePublished] => 2003-04-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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