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Philippine economic outlook - traversing the recovery path

· Benjamin E Diokno, Governor of the Bangko Sentral ng Pilipinas (Philippines)

Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates, growth, investment and productivity

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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.
Read full speech on bis.org ↗

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