+ Follow VIKRAM HAKSAR Tag
VIKRAM HAKSAR
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[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] =>
)
[1] => 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] =>
)
[2] => Array
(
[ArticleID] => 240360
[Title] => IMF airs concern over Congress’ failure to pass revenue measures
[Summary] => The International Monetary Fund (IMF) has expressed concern over the sustainability of the government’s fiscal management program.
[DatePublished] => 2004-02-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => 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] =>
)
[4] => 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] =>
)
[5] => Array
(
[ArticleID] => 203218
[Title] => IMF may defer visit to RP due to SARS
[Summary] => The International Monetary Fund (IMF) may postpone its post-program monitoring mission to the Philippines that was originally scheduled in May due to lingering fears over the uncontrolled spread of the Severe Acute Respiratory Syndrome (SARS) throughout Asia.
Sources told reporters that the IMF was "lukewarm" on the forthcoming mission, an annual review of the country’s overall economic performance headed by the new head of mission, Sean Nolan.
[DatePublished] => 2003-04-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => 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] =>
)
[7] => Array
(
[ArticleID] => 197431
[Title] => Government asks IMF to replace its chief of mission in RP
[Summary] => The Philippine government has officially asked for the removal of Joshua Felman, chief of the International Monetary Fund’s (IMF) Philippine mission, for his alleged involvement in the fiasco involving investment bank UBS Warburg, a well-placed source said over the weekend.
The IMF is currently represented in the Philippines by Vikram Haksar but Felman is the official head of mission who visits the country several times a year to oversee the conduct of key evaluation missions, including the so-called Article IV review or post program monitoring.
[DatePublished] => 2003-03-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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