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Philippine economy 2.0 - reinforcing growth and continuity

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

Summary written by Dark Majestic in its own words · topics: trade, fragmentation and geopolitics, development and emerging economies, growth, investment and productivity

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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.
Read full speech on bis.org ↗

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