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The Philippine economy - harnessing the bright spots

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

Summary written by Dark Majestic in its own words · topics: inflation and price stability, climate, energy and nature

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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.
Read full speech on bis.org ↗

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