International Monetary Fund (IMF) Mission Chief Elif Saxegaard and her team pay a courtesy visit to Department of Economy, Planning and Development (DEPDev) Secretary Arsenio Balisacan on May 20, 2025 at the DEPDev Central Office in Mandaluyong City. The IMF Mission Chief provided a quick update on the Fund’s new growth projection for the Philippines. As of their April 2025 projection, the IMF sees the country’s growth reaching 5.5 percent for the year. Source: DEPDev’s Facebook page