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Benjamin E Diokno: speeches

32 speeches by Benjamin E Diokno listed between 3 January 2022 and 13 June 2022. Roles covered: Governor of the Bangko Sentral ng Pilipinas (4 March 2019 – 30 June 2022). Most frequent topics: growth, investment and productivity, technology, ai and cyber risk, inflation and price stability.

Last updated 10 November 2026 · newest first

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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiPhilippine economy 2.0 - reinforcing growth and continuity

ContextSpeech at the Bloomberg Philippines NEXT Summit; Bangko Sentral ng Pilipinas keeps prices stable and supports recovery under a new administration.

Why it mattersDiokno plans a calibrated exit from pandemic stimulus.

Problems raised
  1. The pandemic stalled growth.
  2. The war lowers growth targets.
  3. Exit from stimulus may cause volatility.
Solutions proposed
  1. Plan a well-calibrated exit.
  2. Invest in infrastructure.
  3. Reinforce growth continuity.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiPhilippines - resilient today, economic powerhouse tomorrow

ContextSpeech at the UBS OneASEAN Conference; Bangko Sentral ng Pilipinas keeps prices stable and presents the Philippine outlook to investors.

Why it mattersDiokno presents the Philippines as a future economic powerhouse.

Problems raised
  1. Geopolitical tensions and inflation persist.
  2. COVID spillovers remain.
  3. Growth must be sustained.
Solutions proposed
  1. Maintain strong fundamentals.
  2. Pursue sound policies.
  3. Commit to reform.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiThe Philippine economy - harnessing the bright spots

ContextSpeech (virtual) by Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the Asian Development Bank Institute (ADBI) Featured Speaker Webinar Series, 19 May 2022.

Why it mattersDiokno plans an exit from stimulus as inflation rises.

Problems raised
  1. Recovery must be protected while inflation rises.
  2. Exit from stimulus may cause volatility.
  3. Global challenges persist.
Solutions proposed
  1. Plan a well-calibrated exit strategy.
  2. Strengthen international cooperation.
  3. Build a green and inclusive economy.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiI am Secure Forum for Metaverse

ContextKeynote speech by Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the I Am Secure Forum for Metaverse, 18 May 2022.

Why it mattersDiokno presents a cyber resilience plan for finance.

Problems raised
  1. Cyber threats grow in the digital financial world.
  2. The metaverse brings new risks.
  3. Industry cyber defences are uneven.
Solutions proposed
  1. Develop a Financial Services Cyber Resilience Plan.
  2. Share intelligence and incident response.
  3. Raise security awareness.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiFinance forecast 2022 - Opportunities and recovery

ContextSpeech (virtual) by Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the "The Strength of Rising Together Eastern Communications" e-Huddle Series, 10 May 2022.

Why it mattersDiokno asks lenders to support the recovery with digital and green finance.

Problems raised
  1. The economy is recovering.
  2. Banks must support recovery.
  3. Digitalisation and sustainability need support.
Solutions proposed
  1. Keep banks strong.
  2. Accelerate digitalisation.
  3. Promote sustainability.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiMeeting of Asia Pacific Joint Group on Money Laundering

ContextOpening remarks by Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the Meeting of Asia Pacific Joint Group on Money Laundering, 4 May 2022.

Why it mattersDiokno presents measures to exit the FATF grey list.

Problems raised
  1. The Philippines is on the FATF grey list.
  2. Cross-border controls are weak.
  3. Money laundering risks exist.
Solutions proposed
  1. Implement the FATF action plan.
  2. Apply cross-border measures at ports and airports.
  3. Detect false currency declarations.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiThe Bangko Sentral ng Pilipinas economic briefing - the Philippines in 2022

ContextEconomic briefing for the American Chamber of Commerce; Bangko Sentral ng Pilipinas keeps prices stable and presents the 2022 outlook.

Why it mattersDiokno discusses oil price effects on transport and food.

Problems raised
  1. Oil prices rise.
  2. Transport and agriculture are affected.
  3. Supply-side inflation pressures exist.
Solutions proposed
  1. Use social protection measures.
  2. Ensure domestic food supply.
  3. Monitor inflation.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiSustainable solutions for Southeast Asia's recovery

ContextOpening remarks by Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), for ADB's Southeast Asia Development Symposium (SEADS) 2022 "Sustainable solutions for Southeast Asia's recovery", Manila, 15 March 2022.

Why it mattersDiokno calls for opening trade and investment as the region exits the pandemic.

Problems raised
  1. Southeast Asia needs a sustainable recovery.
  2. The pandemic stalled growth.
  3. Reforms were needed.
Solutions proposed
  1. Pursue structural reforms.
  2. Liberalise trade and investment.
  3. Promote sustainable solutions.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiLaunch of the first Digital Financial Inclusion Awards

ContextSpeech at the launch of the first Digital Financial Inclusion Awards; Bangko Sentral ng Pilipinas keeps prices stable and promotes digital finance.

Why it mattersDiokno rewards inclusive digital services.

Problems raised
  1. Many lack digital financial access.
  2. Microfinance must go digital.
  3. Financial resilience is low.
Solutions proposed
  1. Launch Digital Financial Inclusion Awards.
  2. Encourage digital adoption.
  3. Build financial resilience.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas Wiki2022 Philippine economic outlook - broad-based economic recovery and risks

ContextSpeech by Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the Young Presidents' Organization (YPO) Philippines Inc. Event, Manila, 2 March 2022.

Why it mattersDiokno presents the 2022 outlook and its risks.

Problems raised
  1. Recovery must be broad-based.
  2. Risks remain for 2022.
  3. Inflation outlook is uncertain.
Solutions proposed
  1. Assess output and inflation outlook.
  2. Manage risks carefully.
  3. Support recovery.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiOpening message for the Financial Sector Forum-Carnegie Mellon University on Exponential Technologies and the Financial Sector

ContextOpening message by Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), for the Financial Sector Forum-Carnegie Mellon University on Exponential Technologies and the Financial Sector, online, 2 March 2022.

Why it mattersDiokno urges regulators to keep learning about new technologies.

Problems raised
  1. The financial landscape changes rapidly.
  2. Regulators must keep learning.
  3. Exponential technologies bring new risks.
Solutions proposed
  1. Pursue continuous learning for regulators.
  2. Partner with universities like Carnegie Mellon.
  3. Understand new technologies.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiPhilippine economic outlook - traversing the recovery path

ContextSpeech at the Manila Times Economic Forum; Bangko Sentral ng Pilipinas keeps prices stable and supports recovery from the pandemic.

Why it mattersDiokno keeps policy accommodative as recovery continues.

Problems raised
  1. The Philippines must traverse the recovery path.
  2. The pandemic endgame is uncertain.
  3. Growth must be sustainable.
Solutions proposed
  1. Support strong recovery.
  2. Keep monetary policy accommodative for now.
  3. Pursue structural reforms.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiDigital finance - a thrust toward financial inclusion

ContextSpeech at the launch of a regulatory sandbox programme; Bangko Sentral ng Pilipinas keeps finance stable and promotes digital finance.

Why it mattersDiokno lets firms test new products under supervision.

Problems raised
  1. Many Filipinos lack financial access.
  2. Products need to be affordable and user-friendly.
  3. Private sector innovation is needed.
Solutions proposed
  1. Launch sandbox programs with the private sector.
  2. Develop accessible financial products.
  3. Promote digital finance for inclusion.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiMessage for the Signing Ceremony for Architecture and Engineering Design Services for the New Bangko Sentral ng Pilipinas (BSP) Complex

ContextMessage at the signing of design contracts for the new central bank complex; Bangko Sentral ng Pilipinas keeps prices stable and plans its future headquarters.

Why it mattersDiokno announces a smart, low-carbon new headquarters.

Problems raised
  1. The BSP needs modern facilities.
  2. Sustainability should guide construction.
  3. Efficiency is important.
Solutions proposed
  1. Build a smart, green BSP complex.
  2. Choose the best design.
  3. Set a global benchmark for sustainability.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiNew normal, new approach, new horizon

ContextSpeech by Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the Chinese Filipino Business Club, Inc. National Convention, Manila, 23 February 2022.

Why it mattersDiokno calls for new approaches after the pandemic.

Problems raised
  1. The pandemic changed business.
  2. Long-term goals are at risk.
  3. A new normal requires new approaches.
Solutions proposed
  1. Address the core of the crisis.
  2. Keep long-term goals.
  3. Adopt new approaches.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiMessage for Digital Voters Education Campaign

ContextMessage of Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), for the Digital Voters Education Campaign Collaboration with the Parish Pastoral Council for Responsible Voting (PPCRV), the National Citizens' Movement for Free Elections (NAMFREL), and FinTech Alliance.ph, Manila, 22 February 2022.

Why it mattersDiokno joins efforts against money laundering during elections.

Problems raised
  1. Elections are vulnerable to fraud.
  2. Money laundering can distort democracy.
  3. Voters need education.
Solutions proposed
  1. Join forces with AMLC and NBI.
  2. Sign MOU for fair elections.
  3. Educate digital voters.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiOpening remarks for the Regional Macroeconomic Conference Series

ContextOpening remarks by Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the Regional Macroeconomic Conference Series, Manila, 21 February 2022.

Why it mattersDiokno launches regional conferences to improve local data.

Problems raised
  1. Regional economies need attention.
  2. Data is lacking in regions.
  3. Macroeconomic understanding varies.
Solutions proposed
  1. Hold regional macroeconomic conferences.
  2. Engage local stakeholders.
  3. Share insights.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiAn update on the Philippine economy

ContextSpeech at a Credit Suisse briefing in Manila; Bangko Sentral ng Pilipinas keeps prices stable and presents the economy to investors.

Why it mattersDiokno balances stimulus with inflation risks.

Problems raised
  1. Growth must be sustained.
  2. Inflationary pressures may build.
  3. Financial stability risks exist.
Solutions proposed
  1. Balance stimulus and inflation risks.
  2. Support growth.
  3. Monitor financial stability.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiFostering cybersecurity for Bangko Sentral ng Pilipinas (BSP) supervised financial institutions

ContextSpeech on cybersecurity for supervised financial institutions; Bangko Sentral ng Pilipinas keeps the financial system sound and faces rising cyber threats.

Why it mattersDiokno asks lenders to harden defences against hackers.

Problems raised
  1. Cyber threats grow.
  2. Financial institutions must be resilient.
  3. Best practices are needed.
Solutions proposed
  1. Foster cybersecurity.
  2. Learn from Israeli experts.
  3. Share cyber resilience solutions.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiSustainable finance and its impact on the Philippines' post-pandemic economic outlook

ContextSpeech on sustainable finance and the post-pandemic outlook; Bangko Sentral ng Pilipinas keeps finance stable and promotes green finance.

Why it mattersDiokno promotes coordinated climate policies.

Problems raised
  1. Sustainability must be integrated in finance.
  2. Green policies need coordination.
  3. Post-pandemic recovery must be green.
Solutions proposed
  1. Promote sustainable finance.
  2. Harmonise green policies through the Green Force.
  3. Support ESG investment.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiNavigating the Philippine economy toward recovery

ContextSpeech at the Fitch Ratings annual review in Manila; Bangko Sentral ng Pilipinas keeps prices stable and guides the economy toward recovery.

Why it mattersDiokno presents the recovery outlook to a rating agency.

Problems raised
  1. Recovery is under way.
  2. Uncertainties remain.
  3. Health risks persist.
Solutions proposed
  1. Enhance health risk management.
  2. Pursue structural reforms.
  3. Sustain recovery.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiProspects for a productive partnership

ContextSpeech by Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the Fund Managers Association of the Philippines, Inc. General Membership Meeting , Manila, 2 February 2022.

Why it mattersDiokno asks asset managers to meet sustainability standards.

Problems raised
  1. ESG products must meet standards.
  2. Fund managers need diligence.
  3. Partnership is needed.
Solutions proposed
  1. Ensure ESG standards compliance.
  2. Partner with fund managers.
  3. Develop ESG products.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiManaging risks, sustaining momentum, improving lives

ContextSpeech at the launch of the Financial Stability Report; Bangko Sentral ng Pilipinas keeps the financial system sound and manages post-pandemic risks.

Why it mattersDiokno presents the stability report after unconventional pandemic measures.

Problems raised
  1. COVID was an unprecedented crisis.
  2. Risks need management.
  3. Recovery must be sustained.
Solutions proposed
  1. Use unconventional measures.
  2. Publish the Financial Stability Report.
  3. Address immediate challenges.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiThe Philippine economy post-COVID-19 - moving steadily towards recovery

ContextSpeech at a Philippine economic briefing; Bangko Sentral ng Pilipinas keeps prices stable and supports recovery after Covid.

Why it mattersDiokno defends a market-determined exchange rate.

Problems raised
  1. Recovery is post-COVID.
  2. Exchange rate volatility affects inflation.
  3. Growth momentum must be maintained.
Solutions proposed
  1. Keep exchange rate market-determined.
  2. Reduce excessive volatility.
  3. Maintain strong growth.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiLaunch of the National Strategy for Financial Inclusion 2022-2028

ContextMessage from Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the Launch of the National Strategy for Financial Inclusion 2022-2028 and Financial Inclusion Logo, Manila, 27 January 2022.

Why it mattersDiokno launches a six-year plan to bring more Filipinos into formal finance.

Problems raised
  1. Financial inclusion is incomplete.
  2. Strategy is needed.
  3. Stakeholders must coordinate.
Solutions proposed
  1. Launch the National Strategy for Financial Inclusion.
  2. Coordinate the steering committee.
  3. Unveil a financial inclusion logo.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiTracking the Philippines' economic recovery

ContextSpeech by Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the 16th J.P. Morgan Philippine Conference 2022, virtual, 26 January 2022.

Why it mattersDiokno balances stimulus and inflation risks.

Problems raised
  1. Recovery must be tracked.
  2. Inflation fell but risks remain.
  3. Stimulus must be balanced.
Solutions proposed
  1. Balance stimulus with inflation risks.
  2. Monitor core inflation.
  3. Support recovery.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiOpening remarks during the signing of the establishment of a supervisory college for financial conglomerate supervision

ContextOpening remarks by Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), during the Signing of the Multilateral MOU on Establishment of Supervisory College for Financial Conglomerate Supervision, Manila, 24 January 2022.

Why it mattersDiokno sets up group-wide oversight of bank-led groups.

Problems raised
  1. Financial conglomerates create risks.
  2. Supervision must be group-wide.
  3. Legal frameworks need clarity.
Solutions proposed
  1. Establish a supervisory college.
  2. Apply Basel principles.
  3. Coordinate supervisors.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiMessage during the Launch of PESONet Multiple Batch Settlement

ContextMessage from Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the Launching of PESONet Multiple Batch Settlement, Manila, 23 January 2022.

Why it mattersDiokno lets banks clear transfers several times a day instead of once.

Problems raised
  1. Retail payments relied on cash and checks.
  2. E-payment adoption was slow.
  3. Efficiency was lacking.
Solutions proposed
  1. Launch PESONet multiple batch settlement.
  2. Build safe and efficient payments.
  3. Promote a digital economy.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiProposed Financial Consumer Protection Act

ContextOpening statement by Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), during the Senate Deliberation on the Proposed Financial Consumer Protection Act, Manila, 16 January 2022.

Why it mattersDiokno backs a law protecting users of financial services.

Problems raised
  1. Financial consumers need protection.
  2. Legal framework is lacking.
  3. Agencies must coordinate.
Solutions proposed
  1. Pass the Financial Consumer Protection Act.
  2. Coordinate regulators.
  3. Protect consumers.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiMessage - 73rd Inaugural Meeting of the Management Association of the Philippines

ContextMessage by Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the 73rd Inaugural Meeting of the Management Association of the Philippines, Manila, 12 January 2022.

Why it mattersDiokno links good governance to risk reforms.

Problems raised
  1. Governance must be strong.
  2. Banks faced the pandemic.
  3. Excellence is needed.
Solutions proposed
  1. Embed good governance culture.
  2. Implement risk governance reforms.
  3. Support management associations.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiThe COVID-19 pandemic and the economy

ContextSpeech at the 25th membership meeting of the Rotary Club of Manila; Bangko Sentral ng Pilipinas keeps prices stable during the pandemic.

Why it mattersDiokno discusses structural reforms for sustainable recovery.

Problems raised
  1. COVID hurt the economy.
  2. Recovery is uncertain.
  3. Development must be sustainable.
Solutions proposed
  1. Pursue structural reforms.
  2. Support recovery.
  3. Put the Philippines on sustainable path.
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· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiThe Philippine economy in 2022 - toward a steady recovery path

ContextSpeech at the Tuesday Club's New Year meeting; Bangko Sentral ng Pilipinas keeps prices stable and expects a steady recovery in 2022.

Why it mattersDiokno presents the outlook to business leaders at the start of the year, expecting growth to firm.

Problems raised
  1. Recovery must be steady.
  2. Risks persist.
  3. Industries need revitalisation.
Solutions proposed
  1. Manage risks.
  2. Support industries with policy.
  3. Pursue structural reforms.
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