{"version":"1","article":{"id":"imf-philippines-article-iv-mission-september-2026","slug":"imf-philippines-article-iv-mission-september-2026","language":"en","url":"https://haberpaper.com/en/news/imf-philippines-article-iv-mission-september-2026","api_url":"https://haberpaper.com/api/v1/articles/imf-philippines-article-iv-mission-september-2026?lang=en","title":"IMF sees Philippines growth at 3.4% in 2026 as oil costs and investment weigh","summary":"An IMF staff mission said Philippine growth slowed to 2.3% year on year in the second quarter and projected 3.4% growth in 2026, with oil prices and weak investment among the headwinds. The mission met authorities from September 15 to 25.","category":"economy","region":"world","topics":[],"published_at":"2026-10-05T20:14:38+03:00","modified_at":"2026-10-05T20:14:38+03:00","publication_basis":"publication-record","event_period":"2026-09-25","event_period_basis":"event-or-reference-period","sources":[{"name":"International Monetary Fund","url":"https://www.imf.org/en/news/articles/2026/09/25/pr26304-imf-staff-completes-2026-article-iv-mission-to-the-philippines","publishedAt":"2026-09-25","checkedAt":"2026-10-05"}],"translations":[{"language":"tr","url":"https://haberpaper.com/tr/news/imf-philippines-article-iv-mission-september-2026","api_url":"https://haberpaper.com/api/v1/articles/imf-philippines-article-iv-mission-september-2026?lang=tr"},{"language":"en","url":"https://haberpaper.com/en/news/imf-philippines-article-iv-mission-september-2026","api_url":"https://haberpaper.com/api/v1/articles/imf-philippines-article-iv-mission-september-2026?lang=en"},{"language":"ar","url":"https://haberpaper.com/ar/news/imf-philippines-article-iv-mission-september-2026","api_url":"https://haberpaper.com/api/v1/articles/imf-philippines-article-iv-mission-september-2026?lang=ar"},{"language":"fr","url":"https://haberpaper.com/fr/news/imf-philippines-article-iv-mission-september-2026","api_url":"https://haberpaper.com/api/v1/articles/imf-philippines-article-iv-mission-september-2026?lang=fr"},{"language":"es","url":"https://haberpaper.com/es/news/imf-philippines-article-iv-mission-september-2026","api_url":"https://haberpaper.com/api/v1/articles/imf-philippines-article-iv-mission-september-2026?lang=es"}],"data_types":[],"data":null,"data_compilations":[],"data_downloads":[],"content":{"paragraphs":["An International Monetary Fund staff team completed its 2026 Article IV mission to the Philippines after meetings in Manila from September 15 to 25. The team reported that year-on-year growth slowed to 2.3% in the second quarter and projected full-year growth of 3.4% in 2026, followed by 5.1% in 2027. It also projected average headline inflation of 5.6% this year and 4.1% in 2027.","The IMF cited reduced public construction investment, weaker business confidence, natural disasters and the effect of the Middle East conflict on imported fuel and gas costs. It projected a current-account deficit of 4.8% of GDP in 2026. The team recommended a data-dependent monetary stance, a credible medium-term fiscal path and structural reforms to raise productivity and crowd in private investment. These are staff recommendations from a mission, not a completed Executive Board review."],"key_points":[],"sections":[]},"text":"An IMF staff mission said Philippine growth slowed to 2.3% year on year in the second quarter and projected 3.4% growth in 2026, with oil prices and weak investment among the headwinds. The mission met authorities from September 15 to 25.\n\nAn International Monetary Fund staff team completed its 2026 Article IV mission to the Philippines after meetings in Manila from September 15 to 25. The team reported that year-on-year growth slowed to 2.3% in the second quarter and projected full-year growth of 3.4% in 2026, followed by 5.1% in 2027. It also projected average headline inflation of 5.6% this year and 4.1% in 2027.\n\nThe IMF cited reduced public construction investment, weaker business confidence, natural disasters and the effect of the Middle East conflict on imported fuel and gas costs. It projected a current-account deficit of 4.8% of GDP in 2026. The team recommended a data-dependent monetary stance, a credible medium-term fiscal path and structural reforms to raise productivity and crowd in private investment. These are staff recommendations from a mission, not a completed Executive Board review.","corrections":[],"editorial_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"economy","url":"https://haberpaper.com/assets/illustrations/economy-1536.webp","width":1536,"height":1024,"alt":"Symbolic trading harbour with a cargo ship, containers and a bridge.","language":"en"},"section_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"economy","url":"https://haberpaper.com/assets/illustrations/economy-1536.webp","width":1536,"height":1024,"alt":"Symbolic trading harbour with a cargo ship, containers and a bridge.","language":"en"}}}