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                    [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] => 
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SEPTEMBER WORLD ECONOMIC OUTLOOK

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                    [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] => 
                )

        )

)

abtest

RP growth to slow down to 4% unless gov’t acts swiftly — IMF

By Des Ferriols | October 11, 2004 - 12:00am

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...

Business