THE Philippines has retained its net creditor status with the International Monetary Fund (IMF), highlighting the country's solid macroeconomic fundamentals, according to the Bangko Sentral ng Pilipinas (BSP) on Wednesday.
THE Philippines has retained its net creditor status with the International Monetary Fund , highlighting the country's solid macroeconomic fundamentals, according to the Bangko Sentral ng Pilipinas on Wednesday.The Philippines ' participation in the IMF 's Financial Transactions Plan will start this month until December 2025.
The FTP is a currency exchange arrangement between the IMF and eligible members that supports the IMF's lending operations. Participants, such as the Philippines, receive interest payments from the IMF.Selection for the FTP is based on a country's balance of payments, reserve strength, market stability, and sufficient international reserves to meet obligations.
Retains Net Creditor Status Under IMF
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