Marcos vows steady course as Philippines pushes reforms, growth amid global headwinds

Two individuals greet each other with a handshake, one wearing a traditional attire and the other in a formal pink jacket, against a backdrop of wooden latticework.

President Ferdinand R. Marcos Jr. meets with International Monetary Fund managing director Kristalina Georgieva at Malacañan Palace in Manila on Thursday (March 12, 2026). During the meeting, Marcos and Georgieva discussed reforms aimed at sustaining the Philippines’ economic growth trajectory. (Photo from PBBM Facebook)

President Ferdinand R. Marcos Jr. on Saturday reaffirmed the Philippines’ commitment to reforms and prudent economic management, saying the government will stay the course in safeguarding stability and sustaining growth despite rising global uncertainties.

In a Facebook post, Marcos shared details of his meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva, where they discussed the country’s economic outlook, key reform priorities, and efforts to keep the Philippine economy on a stable upward path.

The President said the talks focused on the government’s continuing push for policy reforms designed to strengthen resilience and preserve momentum in the face of external risks.

He emphasized that collaboration with institutions such as the IMF remains crucial in supporting the country’s broader economic agenda.

“With discipline, sound policy and cooperation with partners such as the IMF, we will keep the Philippine economy stable and growing,” Marcos said.

Marcos added that the meeting also covered the Philippines’ priorities as it prepares for its chairship of the Association of Southeast Asian Nations (ASEAN), underscoring the country’s intention to pair domestic economic reforms with a stronger regional leadership role.

“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 said.

The President stressed that policy discipline, structural reforms, and strong international partnerships will be key to making the Philippine economy more robust and better equipped to withstand global shocks.

In an exclusive interview with the Philippine News Agency, Georgieva said the IMF expects the Philippines to outperform the regional average growth of 4.3 percent, pointing to ongoing reforms that could unlock stronger long-term expansion.

The IMF is a global financial institution that promotes international monetary cooperation, financial stability, and sustainable economic growth among its 191 member countries.

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