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Beyond the numbers - the press as a reliable partner in economic development

· Felipe M Medalla, Governor of the Bangko Sentral ng Pilipinas (Philippines)

Summary written by Dark Majestic in its own words · topics: payments, digital money and crypto-assets, development and emerging economies, technology, ai and cyber risk

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· Felipe M Medalla Wiki · Bangko Sentral ng Pilipinas WikiBeyond the numbers - the press as a reliable partner in economic development

ContextRemarks at an economic journalists' event; Bangko Sentral ng Pilipinas keeps prices stable and values the press as a partner.

Why it mattersMedalla sets targets for digital payments and inclusion.

Problems raised
  1. Economic news needs accuracy.
  2. Digital payments adoption is incomplete.
  3. Financial inclusion targets are unmet.
Solutions proposed
  1. Partner with the press.
  2. Reach 50% digital transaction volume.
  3. Include 70% of adults financially.
Read full speech on bis.org ↗

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