· Felipe M Medalla Wiki · Bangko Sentral ng Pilipinas WikiView from Manila - outlook for 2023 and 2024
Read full speech on bis.org ↗ContextSpeech at the Philippine Economic Briefing in Washington during the IMF and World Bank meetings; Bangko Sentral ng Pilipinas keeps prices stable and presents the outlook to investors.
Why it mattersMedalla presents the outlook to investors and stresses domestic debt management.
Problems raised
- Philippine inflation is high.
- Outlook for 2023–24 is uncertain.
- Debt management matters.
Solutions proposed
- Keep an independent central bank.
- Focus inflation policy on domestic inflation.
- Rely on domestic long-term debt.