Finance › Speeches › Felipe M Medalla

View from Manila - outlook for 2023 and 2024

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

Summary written by Dark Majestic in its own words · topics: inflation and price stability, public finances and debt

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· Felipe M Medalla Wiki · Bangko Sentral ng Pilipinas WikiView from Manila - outlook for 2023 and 2024

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
  1. Philippine inflation is high.
  2. Outlook for 2023–24 is uncertain.
  3. Debt management matters.
Solutions proposed
  1. Keep an independent central bank.
  2. Focus inflation policy on domestic inflation.
  3. Rely on domestic long-term debt.
Read full speech on bis.org ↗

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