MANILA – President Ferdinand “Bongbong” Marcos Jr. met with International Monetary Fund (IMF) Managing Director Kristalina Georgieva in Malacañang to discuss economic reforms aimed at sustaining the Philippines’ growth momentum and strengthening resilience amid global economic uncertainty.
The meeting centered on the country’s economic outlook, fiscal discipline, and structural reforms being pursued by the government to keep the Philippine economy stable and competitive, according to a statement posted by the President on social media.
Marcos reiterated the government’s commitment to sound economic policies and stronger collaboration with international financial institutions to maintain steady economic expansion.
“With discipline, sound policy and cooperation with partners such as the IMF, we will keep the Philippine economy stable and growing,” Marcos said.
The President said the discussion also covered the Philippines’ priorities as it prepares for its upcoming chairmanship of the Association of Southeast Asian Nations (ASEAN), including initiatives aimed at strengthening regional economic cooperation.
He emphasized that the administration will continue implementing reforms intended to support sustainable development and reinforce the country’s economic resilience.
“I met with International Monetary Fund Managing Director Kristalina Georgieva to discuss the Philippines’ economic outlook, our priorities for our ASEAN chairship, and the reforms we continue to pursue to keep our nation on a steady path of growth,” he added.
Georgieva earlier expressed optimism about the Philippines’ economic prospects, saying the country could outperform the regional growth average.
In an interview with the Philippine News Agency, the IMF chief said the Philippine economy may grow faster than the projected 4.3 percent regional average, citing ongoing reforms that could further strengthen long-term expansion.
The IMF is an international financial institution composed of 191 member countries and works to promote global monetary cooperation, financial stability, and sustainable economic growth./PN
