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Keeping the Bayanihan spirit alive

· Eli M Remolona, Governor of the Bangko Sentral ng Pilipinas (Philippines)

Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates, inflation and price stability, trade, fragmentation and geopolitics

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· Eli M Remolona Wiki · Bangko Sentral ng Pilipinas WikiKeeping the Bayanihan spirit alive

ContextSpeech to the monthly meeting of the Consular Corps of the Philippines in Makati City; Bangko Sentral ng Pilipinas keeps prices stable and supports the economy.

Why it mattersThe Philippine governor calls for cooperation as fragmentation weakens trade links.

Problems raised
  1. Fragmentation grows from crises and trade wars.
  2. Inflation forced rate hikes.
  3. Trade links weaken.
Solutions proposed
  1. Keep the Bayanihan spirit of cooperation.
  2. Build bridges for trade and finance.
  3. Tame inflation.
Read full speech on bis.org ↗

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