Department of Budget and Management (DBM) Secretary Amenah Pangandaman (seated, 4th from right) and the rest of the economic team attends the concluding meeting of the IMF Article 4 Consultation Mission at the Bangko Sentral ng Pilipinas (BSP) on Oct. 3, 2023. During the meeting, the IMF Mission Team, headed by Mission Chief Shanak Jay Peiris (seated, 5th from left), reports that the Philippines’ growth outlook remains strong and is expected to pick up toward the end of the year due to ramped up government spending and infrastructure development, among others. The team also provides policy recommendations to help the country mitigate economic and fiscal instability due to anticipated local and global headwinds. Also present in the meeting are Department of Finance Secretary Benjamin Diokno, BSP Governor Eli Remolona Jr. (seated, 5th from right), National Economic and Development Authority Secretary Arsenio Balisacan (seated, 4th from left), and Officer-in-Charge Treasurer of the Philippines Sharon Almanza (standing, 3rd from right). CONTRIBUTED PHOTO
